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

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...

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Author

Rodden,Jonathan;
Document Date
2000/07/31
Document Type
Brief
Report Number
21597
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Descentralizacao e o desafio das rigidas contencoes orcamentarias
Keywords
Decentralization in government

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Rodden,Jonathan.

Decentralization and the challenge of hard budget constraints : Descentralizacao e o desafio das rigidas contencoes orcamentarias (Portuguese). PREM Notes|no. 41. Public Sector Washington, DC: World Bank. http://documents.worldbank.org/curated/en/124161468329976433

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

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