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Restrição orçamentária e lei de responsabilidade fiscal: um estudo para Minas Gerais (1995-2005)

Author

Listed:
  • Frederico G. Jayme Jr.

    (Cedeplar-UFMG)

  • Júlio César dos Reis

    (Cedeplar-UFMG)

  • João Prates Romero

    (Cedeplar-UFMG)

Abstract

Several institutional changes in the last 20 years have imposed to the public administrators the adoption of several policies intended to qualify the State for the new economic order. The expenditure control has turned to be central in the political economy. Regarding the Brazilian states, a dynamic of successive deficits was reverted through the renegotiation of the states debts, as well as the advent of the Fiscal Responsibility Law. This paper aims at analyzing the public finance of the State of Minas Gerais from 1995 to 2005, highlighting the impacts of the above-cited law considering its implications over the federalism in Brazil.

Suggested Citation

  • Frederico G. Jayme Jr. & Júlio César dos Reis & João Prates Romero, 2006. "Restrição orçamentária e lei de responsabilidade fiscal: um estudo para Minas Gerais (1995-2005)," Textos para Discussão Cedeplar-UFMG td298, Cedeplar, Universidade Federal de Minas Gerais.
  • Handle: RePEc:cdp:texdis:td298
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    Keywords

    decentralization; public debt; federalism;

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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