Kopanyi, M. El Daher, S. Wetzel, D. Noel, M. Papp, A.
Abstract
This paper discusses key findings and policy proposals for modernizing Hungary's subnational government system the perspective of fiscal decentralization, local capacity building, and development of a competitive credit market. Hungary has been a pioneer in local government reform among transition economies; it has decentralized the state administration, re-established the full autonomy of local governments, and tightened budget constraints.
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Find related papers by JEL classification: O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East N45 - Economic History - - Government, War, Law, and Regulation - - - Asia including Middle East O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
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