Titlebook: Local Public Finance; An International Com René Geissler,Gerhard Hammerschmid,Christian Raffe Book 2021 Springer Nature Switzerland AG 2021

Induction

Budget Institutions for Subnational Fiscal Discipline: Local Fiscal Rules in Post-Crisis EU Countrieall fiscal discipline, and ensuring long-term fiscal sustainability. Since the European sovereign debt crisis, fiscal rules have been at the centre of the debate on the EU’s economic governance, the need to strengthen fiscal frameworks and improve policy co-ordination. This chapter outlines the orig

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Fiscal Rules at the Local Level: The Challenge of Enforcements knowledge gap, this chapter makes three contributions: first, we review the literature on regulatory enforcement in the ‘public-to-private’ context and discuss six key insights. Second, we provide an empirical overview of enforcement instruments across 21 European countries and discuss them in lig

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Financial Supervision of Local Governments: An Organisational Hurdle research in the field of local public finance regulation. This article analyses the question of organisational structure in the field of local public finance regulation by surveying 18 European countries. We present five organisational dimensions, which potentially relate to regulatory outputs, and

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Oligarchy

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Exterior

Monitoring Local Government Financial Sustainability: A Dutch-English Comparisonnments. England and the Netherlands provide telling similarities and differences in their local government contexts and approaches to such indicators. After a brief discussion of theoretical issues, this chapter compares the use of financial sustainability indicators (FSIs) in Dutch and English loca

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漫步

Fiscal Supervision and Party Politics: Lessons from Austria and Germanyf overseers and supervised officials are partisan, party favouritism and politics may replace other objectives. The two case studies discussed in this chapter show empirically how political alignment influences fiscal supervision. Austrian and German state authorities continuously and tightly superv

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Preventing Local Government Defaults: No-Bailout Policy and Its Alternativesf government will bail them out if they run into trouble. The economic literature, therefore, prescribes a strict no-bailout policy. We survey fiscal rules and fiscal policies concerning subnational governments in 20 European countries and find wide discrepancies, both between the theory and practic