Financing Regions and Local Governments: Problems and Perspectives
This paper deals with how the reform regulating fiscal federalism in Italy (L. 42/2009) addresses three problems. First, how to finance additional sub-central competencies with local taxes, especially when they involve the provision of minimum or essential levels of service (e.g. health). Second, how to solve the trade-off between the need for greater efficiency and the need to equalise the lower endowment of the poorer regions. Third, whether local governments should have a direct relationship with the central government or whether the regions may successfully fund and equalise the fiscal capacity of local governments within their territories.
Volume (Year): (2011)
Issue (Month): 1 (March)
|Contact details of provider:|| Postal: Via Silvio d'Amico 77, - 00145 Rome Italy|
Phone: +39 06 57114743
Fax: +39 06 57114774
Web page: http://host.uniroma3.it/associazioni/rossidoria/qa.asp
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wildasin, David E., 1997.
"Externalities and bailouts : hard and soft budget constraints in intergovernmental fiscal relations,"
Policy Research Working Paper Series
1843, The World Bank.
- David E. Wildasin, 2001. "Externalities and Bailouts: Hard and Soft Budget Constraints in Intergovernmental Fiscal Relations," Public Economics 0112002, EconWPA.
- Martin Besfamille & Ben Lockwood, 2008. "Bailouts In Federations: Is A Hard Budget Constraint Always Best?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(2), pages 577-593, 05.
- Bird, Richard M. & Smart, Michael, 2002. "Intergovernmental Fiscal Transfers: International Lessons for Developing Countries," World Development, Elsevier, vol. 30(6), pages 899-912, June.
- SALMON, Pierre, 1987.
"Decentralization as an incentive scheme,"
Institut des Mathématiques Economiques – Document de travail de l’I.M.E. (1974-1993)
98, Institut des Mathématiques Economiques. LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS, Université de Bourgogne.
When requesting a correction, please mention this item's handle: RePEc:rar:journl:0206. 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: ()
If references are entirely missing, you can add them using this form.