Skip to Main Navigation

Decentralization and the challenge of hard budget constraints : Descentralizacao e o desafio das rigidas contencoes orcamentarias (Португальский)

Since the early 1980s fiscal and political decentralization have spread around the world. But decentralization can encourage dangerous opportunistic behavior by state and local officials. Left unrestricted, such opportunism can undermine macroeconomic stability and other objectives. The most pressing manifestation of this problem is the softening of subnational budget constraints. The impact of decentralization on public sector efficiency and macroeconomic...
Подробнее

Document also available in : Английский, Китайский

ПОДРОБНАЯ ИНФОРМАЦИЯ

ФАЙЛЫ ДЛЯ СКАЧИВАНИЯ

ПОЛНЫЙ ОТЧЕТ

Официальная версия документа (может содержать подписи, и т.д.)

This document is being processed or is not available.