Narrowing vertical fiscal imbalances in four European countries /

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Bibliographic Details
Author / Creator:Karpowicz, I. (Izabela), author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2012.
Description:1 online resource (22 pages) : illustrations
Language:English
Series:IMF working paper ; WP/12/91
IMF working paper ; WP/12/91.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500154
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Fiscal Affairs Department, issuing body.
ISBN:1475548362
9781475548365
9781475502664
1475502664
Notes:At head of title: Fiscal Affairs Department.
Title from PDF title page (IMF Web site, viewed April 3, 2012).
"March 2012."
Available in PDF, ePUB, and Mobi formats on the Internet.
Includes bibliographical references.
English.
Summary:This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four EU countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved through progressive devolution of revenues to sub-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in the VFI in Norway.

MARC

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245 1 0 |a Narrowing vertical fiscal imbalances in four European countries /  |c Izabela Karpowicz. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2012. 
300 |a 1 online resource (22 pages) :  |b illustrations 
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490 1 |a IMF working paper ;  |v WP/12/91 
500 |a At head of title: Fiscal Affairs Department. 
500 |a Title from PDF title page (IMF Web site, viewed April 3, 2012). 
500 |a "March 2012." 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet. 
520 3 |a This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four EU countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved through progressive devolution of revenues to sub-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in the VFI in Norway. 
504 |a Includes bibliographical references. 
546 |a English. 
505 0 |a Cover; Abstract; Contents; I. Introduction; II. The Vertical Fiscal Imbalances; III. Case Studies; A. Belgium; Figures; 1. Belgium: Decentralization, VFI, and Fiscal Balances, 1985-2009; B. Italy; 2. Italy: Decentralization, VFI, and Fiscal Balances, 1980-2009; C. Norway; 3. Norway: Decentralization, VFI, and Fiscal Balances, 1996-2009; D. Spain; 4. Spain: Decentralization, VFI, and Fiscal Balances, 1995-2009; IV. Lessons from Case Studies; References 
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650 0 |a Balance of payments  |z European Union countries  |x Econometric models. 
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650 6 |a Politique fiscale  |z Pays de l'Union européenne  |x Modèles économétriques. 
650 6 |a Balance des paiements  |z Pays de l'Union européenne  |x Modèles économétriques. 
650 6 |a Dépenses publiques  |x Modèles économétriques. 
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650 7 |a Fiscal policy  |x Econometric models.  |2 fast  |0 (OCoLC)fst00925810 
651 7 |a European Union countries.  |2 fast  |0 (OCoLC)fst01269470 
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