Fiscal rules for subnational governments : The devil’s in the details

Camila Vammalle and Indre Bambalaite

This paper describes and analyses the fiscal rules for subnational governments (SNGs) in OECD countries immediately prior to the COVID-19 crisis. It is based on information from the 2019 survey of fiscal rules for SNGs by the OECD Network on Fiscal Relations across Levels of Government. The paper analyses the details of the application of these SNG fiscal rules, and shows that the effective stringency of statutorily similar rules may vary greatly.

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Year of publication:	2021
Authors:	Vammalle, Camila
Other Persons:	Bambalaite, Indre (contributor)
Publisher:	Paris : OECD Publishing
Subject:	Finanzpolitik \| Fiscal policy \| Länderfinanzen \| State government finance \| Haushaltskonsolidierung \| Fiscal consolidation

Extent:	1 Online-Ressource (69 p.)
Series:	OECD Working Papers on Fiscal Federalism ; no.35
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.1787/531da6f9-en [DOI]
Classification:	H74 - State and Local Borrowing ; H72 - State and Local Budget and Expenditures ; H81 - Governmental Loans, Loan Guarantees, and Credits
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012512016