Generation EU (NGEU) has broken the stalemate over a central fiscal capacity. The open question is whether NGEU is a one-off or a … argues that a permanent fiscal capacity and revised rules should be seen as alternatives. Findings This study makes two … claims: first, a fiscal capacity renders a reformed pact unnecessary and second, that is an optimal solution politically. A …

addition, the fiscal capacity of their local budgets should be sufficient. The objective of this paper is to evaluate the … fiscal capacity of large cities in Croatia over the 2016-2018 period, as well as to present the financial support through … funding schemes for the establishment of smart cities. After calculating the level of fiscal capacity of large cities, the …

EPGD_1900 and current fiscal capacity (controlling for various relevant country characteristics, existing measures of …

This paper empirically evaluates the impact of accountability on fiscal capacity. It adopts an instrumental variable …