A case study of the public finances of the urban government of Seoul is presented as part of an analytic and informational base that will increase consistency and confidence levels in decision making. The study provides: 1) an understanding of the operation of the finance system is Seoul; 2) a format for describing and analyzing this system; 3) a menu of the major problems facing the government of Seoul; and 4) data that may be used to establish comparative norms against which aspects of performance or problem severity may be evaluated. The budget of the Seoul government is one of the fastest growing in the world and demonstrates the importance of local governments in urban public service delivery. The fiscal policy of the Seoul local government does need remediation in three areas, however: budgeting procedures, the relationship between self-financing and general financing expenditures, and property tax structure. Financial and demographic data are included.
Details
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Author
Bahl, Roy W. Wasylenko, M.
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Document Date
1976/04/30
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Document Type
Working Paper (Numbered Series)
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Report Number
URR7703
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Volume No
1
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Total Volume(s)
1
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Country
Korea, Republic of
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Region
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Disclosure Date
2020/06/17
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Disclosure Status
Disclosed
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Doc Name
Urban public finances in developing countries : a case study of Seoul, Korea
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Keywords
expenditure increase;special account;per capita expenditure;growth in tax revenue;city government;capital expenditure;water supply and sewerage service;real per capita expenditure;source of financing;supply of drinking water;per capita expenditure level;annual population growth rate;grants management;per capita income;increase in population;road and bridges;urban public finance;local finance system;central government grant;local government expenditure;breakdown of expenditures;local government body;capital spending;refuse collection;central government expenditure;central government spending;primarily due;cost of service;distribution of expenditure;change in expenditure;increase in expenditure;consumer price index;urban public service;local government borrowing;central government assistance;local government activity;local government official;integration of education;intergovernmental fiscal relation;piped sewerage system;squatter settlement areas;central government responsibility;composition of employment;allocation of land;city government budget;provision water;availability of information;increase tax revenue;land and housing;sale of water;transfer of resource;sale of asset;debt service expenditure;amount of tax;analysis of expenditure;provision of water;general fund;functional distribution;budget structure;water charge;treatment plant;tax structure;external assistance;budgetary position;personal income;current expenditure;city planning;
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Citation
Bahl, Roy W. Wasylenko, M.
Urban public finances in developing countries : a case study of Seoul, Korea (English). Urban and regional report,no. URR 7703 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/997341468914152319/Urban-public-finances-in-developing-countries-a-case-study-of-Seoul-Korea