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Local Governments' Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Local Governments' Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries »

Volume/Issue: 2012/146

Series: IMF Working Papers

Author(s): Ernesto Crivelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475504118.001

ISBN: 9781475504118

Keywords: Soft budget constraints, Transition, fiscal autonomy, budget constraints, fiscal discipline, State and Local Borrowing,

Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may...

Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries »

Source: Local Governments' Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Volume/Issue: 2012/146

Series: IMF Working Papers

Author(s): Ernesto Crivelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504118

Keywords: Soft budget constraints, Transition, fiscal autonomy, budget constraints, fiscal discipline, State and Local Borrowing,

Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may...