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Subnational Insolvency and Governance: Cross-country Experiences and Lessons

In: Does Decentralization Enhance Service Delivery and Poverty Reduction?

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  • Lili Liu
  • Michael Waibel

Abstract

Does decentralization enhance service delivery and poverty reduction? Drawing on cutting edge research, expert contributors address this fundamental question facing policy-makers in developing as well as advanced countries. This timely book builds upon insights on the recent developments in the intergovernmental literature first outlined in the Handbook of Fiscal Federalism. New empirical evidence from across the globe is presented: policy-oriented chapters evaluate fiscal federalism with an emphasis on the effectiveness of decentralized service delivery, the decentralization process in different parts of the world is appraised, and specially commissioned research focuses on the political economy process and the outcomes of the decentralization process. The role of international agencies, as explicit donors, is examined in several chapters.

Suggested Citation

  • Lili Liu & Michael Waibel, 2009. "Subnational Insolvency and Governance: Cross-country Experiences and Lessons," Chapters, in: Ehtisham Ahmad & Giorgio Brosio (ed.), Does Decentralization Enhance Service Delivery and Poverty Reduction?, chapter 13, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13565_13
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    Cited by:

    1. Liu, Lili & Webb, Steven B., 2011. "Laws for fiscal responsibility for subnational discipline : international experience," Policy Research Working Paper Series 5587, The World Bank.
    2. Peterson, George E. & Kaganova, Olga, 2010. "Integrating land financing into subnational fiscal management," Policy Research Working Paper Series 5409, The World Bank.
    3. Liu, Lili & Waibel, Michael, 2010. "Managing subnational credit and default risks," Policy Research Working Paper Series 5362, The World Bank.
    4. Bethlendi, András & Lentner, Csaba, 2019. "A magyar önkormányzati eladósodás és válságkezelés nemzetközi összehasonlításban [The indebtedness and crisis management of Hungarian municipalities in an international context]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1013-1030.

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    Keywords

    Economics and Finance;

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