Fiscal Rules for Subnational Governments: Can They Promote Fiscal Discipline?

@inproceedings{TerMinassian2007FiscalRF,
  title={Fiscal Rules for Subnational Governments: Can They Promote Fiscal Discipline?},
  author={Teresa Ter-Minassian},
  year={2007}
}
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. 

Tables from this paper.

Citations

Publications citing this paper.

References

Publications referenced by this paper.
SHOWING 1-9 OF 9 REFERENCES

EMU Fiscal Rules and Fiscal Decentralization

Balassone, Fabrizio, Daniele Franco, Stefania
  • Zotteri
  • 2004

Overview of Fiscal Policy Rules for Emerging Markets

Kopits, George
  • Rules Based Fiscal Policy in Emerging Markets : Background , Analysis and Prospects
  • 2004

Market Discipline

Lane, D Timothy
  • Staff Papers, International Monetary Fund,
  • 1993