Institutions And Fiscal Sustainability
As budgetary commitments outpace current revenues and long-term liabilities balloon, the fiscal sustainability of state and local governments is a matter of mounting concern. Over the years, these governments have experimented with a wide variety of political and fiscal institutions, ranging from direct democracy to balanced budget rules, with the goal of slowing the growth of government and increasing financial responsibility. This article synthesizes the related empirical literature, summarizing what we know (and don’t know) about the effectiveness of various rules and procedures in promoting fiscal sustainability.
Volume (Year): 63 (2010)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: |
Fax: (202) 737-7308
Web page: http://www.ntanet.org/Email:
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ntj:journl:v:63:y:2010:i:4:p:807-37. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Charmaine Wright)
If references are entirely missing, you can add them using this form.