Local public finance in Europe : balancing the budget and controlling debt
Author(s)
Bibliographic Information
Local public finance in Europe : balancing the budget and controlling debt
(Studies in fiscal federalism and state-local finance)
E. Elgar, c2002
Available at 35 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and indexes
Description and Table of Contents
Description
Most countries apply some form of restrictions to local government budgeting and borrowing, but in various forms and to varying degrees. These restrictions are considered necessary components of a fiscal federalism involving some sort of central government control in local affairs, a design which can be termed 'administrative federalism'. In this comprehensive book Bernard Dafflon introduces the reader to the institutional complexities of fiscal controls in European local public finance.The authors comprehensively explore the issues of government budgeting and borrowing, with the ultimate aim of understanding how mechanisms of fiscal discipline are established and function. Ten European countries are scrutinised on the basis of ten key issues including local budgetary policy-making, the policy effects of local budget deficits and public debt, the rules of amortisation and debt instalment, whether extensive fiscal controls promote budget accountability and discipline, and how the Maastricht criteria concerning deficit and debt can be implemented. They go on to highlight the complicated mix of rules, administrative routines and co-operative arrangements through which each country implements their individual budget controls. Although these arrangements have been successful in avoiding serious fiscal imbalance in the last twenty years, the authors argue that their impact on the broader goals of the government sector remains a more contentious question.
This book offers a broad understanding of the rich institutional variations and elaborate fiscal designs in Europe from a comparative perspective. It will be welcomed by political scientists, public sector managers and economists, and scholars, practitioners and advanced students of public policy and fiscal studies.
Table of Contents
Contents: 1. The Requirement of a Balanced Budget and Borrowing Limits in Local Public Finance: Setting out the Problems 2. The Theory of Subnational Balanced Budget and Debt Control 3. Local Budgeting and Local Borrowing in Austria 4. Local Public Finance in Belgium: Structure, Budgets and Debt 5. Local Government and Debt Financing in Denmark 6. The Public Debt of Local Governments in France 7. Local Government Borrowing in Germany 8. Local Borrowing: The Italian Case 9. Local Government Budgeting and Borrowing: Norway 10. Capital Expenditures and Financing in the Communes in Switzerland 11. Local Government Financing and Borrowing: Spain 12. Local Government Capital Expenditure in England 13. Fiscal Controls in Europe: A Summary Index
by "Nielsen BookData"