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Development of Local Public Finance in Europe

Author

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  • Peter Friedrich
  • Joanna Gwiazda
  • Chang Woon Nam

    ()

Abstract

This paper investigates the development of local public finance in Germany, Switzerland, Poland and the United Kingdom. In this context important characteristics of municipal expenditures and revenues are examined in these countries. Differences in government structure (i.e. unitary or federal) do not appear to have a crucial role for municipal finance. The ways to protect local fiscal autonomy are discussed in the framework of the vertical fiscal equalisation system. In particular the application of the principle of parallel fiscal development between a state and its municipalities is examined.

Suggested Citation

  • Peter Friedrich & Joanna Gwiazda & Chang Woon Nam, 2003. "Development of Local Public Finance in Europe," CESifo Working Paper Series 1107, CESifo Group Munich.
  • Handle: RePEc:ces:ceswps:_1107
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    File URL: http://www.cesifo-group.de/DocDL/cesifo1_wp1107.pdf
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    References listed on IDEAS

    as
    1. Peter C. Smith, 2003. "Formula Funding of Public Services: An Economic Analysis," Oxford Review of Economic Policy, Oxford University Press, vol. 19(2), pages 301-322, Summer.
    2. Paul A. Grout & Margaret Stevens, 2003. "The Assessment: Financing and Managing Public Services," Oxford Review of Economic Policy, Oxford University Press, vol. 19(2), pages 215-234, Summer.
    3. Pascal Courty & Gerald Marschke, 2003. "Dynamics of Performance-Measurement Systems," Oxford Review of Economic Policy, Oxford University Press, vol. 19(2), pages 268-284, Summer.
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    Cited by:

    1. Jan HANOUSEK & Evžen KOČENDA, 2009. "Public investment and growth in New EU member states: an overview," Departmental Working Papers 2009-23, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    2. Peter Friedrich & Anita Dehne & Chang Woon Nam, 2004. "Significance and Determination of Fees for Municipal Finance," CESifo Working Paper Series 1357, CESifo Group Munich.
    3. Edward L. Glaeser, 2012. "Urban Public Finance," NBER Working Papers 18244, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    municipal finance; fiscal autonomy and decentralisation; intergovernmental transfers; Europe;

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