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- World Bank (2013): Strengthening Subnational Public Finance
No abstract is available for this item.
RePEc:wbk:wboper:16582 Save to MyIDEAS - PETER KING & DAVID ANNANDALE & JOHN BAILEY (2000): Integrated Economic And Environmental Planning At The Subnational Level In Asia
Throughout Asia, there is a commitment by governments to sustainable development, yet economic development continues to degrade the natural resources of the region and pollute the environment in both urban and rural areas. Current thinking about sustainable development suggests that planners and development specialists should attempt to integrate social, economic and environmental dimensions at all planning levels. This paper examines work undertaken by the Asian Development Bank over the last 15 years in the area of subnational integrated economic-cum-environmental (E-c-E) planning. It evaluates five subnational E-c-E plans against a model developed by the Organization of American States (OAS). ... An improved E-c-E planning approach at all levels may be pivotal in contributing to sustainable development.
RePEc:wsi:jeapmx:v:02:y:2000:i:03:n:s1464333200000394 Save to MyIDEAS - World Bank (2013): Impact and Implications of Recent and Potential Changes to Brazil's Subnational Fiscal Framework
No abstract is available for this item.
RePEc:wbk:wboper:20773 Save to MyIDEAS - World Bank (2016): Decentralization and Subnational Service Delivery in Iraq
No abstract is available for this item.
RePEc:wbk:wboper:24757 Save to MyIDEAS - Liu, Lili & Waibel, Michael (2010): Managing subnational credit and default risks
As a result of worldwide decentralization, subnational debt is rising. Subnational debt crises in major developing countries in the 1990s have led to strengthened regulatory frameworks for subnational borrowing and insolvency. With the fragility of the global recovery and increasing public debt, and the structural trends of decentralization and urbanization, it becomes more important to prudently manage subnational default risks. ... Ex ante fiscal rules for subnational governments attempt to limit default risks; ex post regulation predictably allocates default risk, while providing breathing space for orderly debt restructuring and fiscal adjustment, as well as the continued delivery of essential public services.
RePEc:wbk:wbrwps:5362 Save to MyIDEAS - World Bank (2014): Moldova Public Expenditure Review : Reforming Local Public Finance for More Efficient, Equitable, and Fiscally Sustainable Subnational Spending
No abstract is available for this item.
RePEc:wbk:wboper:19306 Save to MyIDEAS - World Bank & Inter-American Development Bank (2009): Colombia - National Level Public Financial Management and Procurement Report : Public Financial Management Performance
No abstract is available for this item.
RePEc:wbk:wboper:3191 Save to MyIDEAS - Fardoust, Shahrokh & Ravishankar, V.J. (2013): Subnational fiscal policy in large developing countries : some lessons from the 2008-09 crisis for Brazil, China and India
In response to the Great Recession of 2008, many national governments implemented fiscal stimuli packages in 2009 and 2010 to prevent further declines in aggregate demand and to jump start their economic recovery. Where subnational governments responded with fiscal contraction, as in the United States, the impact was muted; where states/provinces also expanded expenditures, as in China and India, the impact was magnified. ... Large developing countries typically exhibit high interregional inequality in levels of development and global integration, resulting in differential magnitude and timing of the crisis impact. ... Where fiscal stress varies widely across subnational entities, central transfers alone cannot prevent pro-cyclicality of subnational fiscal response to a recession. There is need for flexibility in subnational borrowing within a sustainable fiscal framework.
RePEc:wbk:wbrwps:6409 Save to MyIDEAS - Liu, Lili & Webb, Steven B. (2011): Laws for fiscal responsibility for subnational discipline : international experience
Fiscal responsibility laws are institutions with which multiple governments in the same economy -- national and subnational --can commit to help avoid irresponsible fiscal behavior that could have short-term advantages to one of them but that would be collectively damaging. Coordination failures with subnational governments in the 1990s contributed to macroeconomic instability and led several countries to adopt fiscal responsibility laws as part of the remedy. ... Fiscal responsibility laws are designed to address the short time horizons of policymakers, free riders among government units, and principal agent problems between the national and subnational governments. ... One common trait of successful fiscal responsibility laws for subnational governments is the commitment of the central government to its own fiscal prudence, which is usually reinforced by the application of the law at the national as well as the subnational level.
RePEc:wbk:wbrwps:5587 Save to MyIDEAS - World Bank (2021): Reforming at the Subnational Level
No abstract is available for this item.
RePEc:wbk:wboper:35464 Save to MyIDEAS