Fiscal Rules for Subnational Governments Can They Promote Fiscal Discipline?
Experience indicates that fiscal rules can be helpful as a disciplinary device at the central government level. This article explores whether fiscal rules could be usefully adopted in a decentralised framework, where the behaviour of subnational governments may undermine fiscal discipline
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| Format: | eBook |
| Language: | English |
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Paris
OECD Publishing
2007
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| Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
| Summary: | Experience indicates that fiscal rules can be helpful as a disciplinary device at the central government level. This article explores whether fiscal rules could be usefully adopted in a decentralised framework, where the behaviour of subnational governments may undermine fiscal discipline |
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| Physical Description: | 13 p |