IDEAS home Printed from
   My bibliography  Save this paper

Subnational Public Financial Management; Institutions and Macroeconomic Considerations


  • Maria A Albino-War
  • Raju J Singh
  • Ehtisham Ahmad


Transparent public financial management at the subnational level requires institutions and processes that mirror those needed at the central government level, in order to generate better accountability and competition among different subnational governments, critical elements in ensuring good governance and efficiency of decentralized administrations. Further subnational debt also has implications for overall macroeconomic stability that concerns the central government. The key components are identified, with a particular focus on subnational debt monitoring and management.

Suggested Citation

  • Maria A Albino-War & Raju J Singh & Ehtisham Ahmad, 2005. "Subnational Public Financial Management; Institutions and Macroeconomic Considerations," IMF Working Papers 05/108, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:05/108

    Download full text from publisher

    File URL:
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    1. Gerdtham, Ulf-G. & Jonsson, Bengt, 2000. "International comparisons of health expenditure: Theory, data and econometric analysis," Handbook of Health Economics,in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 1, pages 11-53 Elsevier.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Elsie Addo Awadzi, 2015. "Designing Legal Frameworks for Public Debt Management," IMF Working Papers 15/147, International Monetary Fund.
    2. Vergne, Clémence, 2009. "Democracy, elections and allocation of public expenditures in developing countries," European Journal of Political Economy, Elsevier, vol. 25(1), pages 63-77, March.
    3. Ehtisham Ahmad & Mercedes Garcia-Escribano, 2006. "Fiscal Decentralization and Public Subnational Financial Management in Peru," IMF Working Papers 06/120, International Monetary Fund.
    4. Ahmad, Ehtisham & Brosio, Giorgio, 2009. "Decentralization and local service provision: what do we know?," LSE Research Online Documents on Economics 38347, London School of Economics and Political Science, LSE Library.
    5. Gonzalez, Paula & Hindriks, Jean J.G. & Lockwood, Ben & Porteiro, Nicolas, 2006. "Political Budget Cycles and Fiscal Decentralization," CEPR Discussion Papers 5646, C.E.P.R. Discussion Papers.
    6. Giuriato, Luisa & Gastaldi, Francesca, 2008. "The Domestic Stability Pact: Assessment of the Italian experience and comparison with the other EMU countries," MPRA Paper 14455, University Library of Munich, Germany.
    7. Holger Kächelein, 2011. "Fiscal Federalism And Public Debt Fiscal Instability Due To Multi Level Borrowing In A Model Of Neoclassical Growth "," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 58, pages 123-132, november.
    8. International Monetary Fund, 2006. "Bosnia and Herzegovina; Selected Issues," IMF Staff Country Reports 06/368, International Monetary Fund.
    9. Sorribas-Navarro, Pilar, 2011. "Bailouts in a fiscal federal system: Evidence from Spain," European Journal of Political Economy, Elsevier, vol. 27(1), pages 154-170, March.
    10. Giuriato, Luisa & Gastaldi, Francesca, 2009. "The domestic stability pact in Italy: a rule for discipline?," MPRA Paper 15183, University Library of Munich, Germany.
    11. Javier J. Pérez & Rocío Prieto, 2014. "The structure of sub-natural public debt: Liquidity vs credit risk," Working Papers 1403, Banco de España;Working Papers Homepage.
    12. Hansjörg Blöchliger & Claire Charbit, 2008. "Fiscal equalisation," OECD Journal: Economic Studies, OECD Publishing, vol. 2008(1), pages 1-22.
    13. Ahmad, Ehtisham, 2009. "Fiscal policy instruments and the political economy of designing programs to reach the poorest," LSE Research Online Documents on Economics 38344, London School of Economics and Political Science, LSE Library.
    14. Ananthakrishnan Prasad & Adarsh Kishore, 2007. "Indian Subnational Finances; Recent Performance," IMF Working Papers 07/205, International Monetary Fund.
    15. Ehtisham Ahmad and Mercedes García-Escribano & Mercedes García-Escribano, 2008. "Constraints to Effective Fiscal Decentralization in Peru," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0824, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    16. Ehtisham Ahmad & Giorgio Brosio & Vito Tanzi, 2008. "Local Service Provision in Selected OECD Countries; Do Decentralized Operations Work Better?," IMF Working Papers 08/67, International Monetary Fund.
    17. Schaeffer, Michael & Yilmaz, Serdar, 2008. "Strengthening local government budgeting and accountability," Policy Research Working Paper Series 4767, The World Bank.
    18. William F. Fox & Balakrishna Menon, 2011. "Decentralization in Bangladesh: Change has been Elusive," Chapters,in: Decentralization in Developing Countries, chapter 7 Edward Elgar Publishing.
    19. Joanilson de Carvalho Santos, 2013. "Fiscal federalism in Brazil: the importance of data disclosure of subnational governments," IFC Bulletins chapters,in: Bank for International Settlements (ed.), Proceedings of the Sixth IFC Conference on "Statistical issues and activities in a changing environment", Basel, 28-29 August 2012., volume 36, pages 405-414 Bank for International Settlements.
    20. Miral, Romulo Jr. E.M., 2017. "Federalism: Prospects for the Philippines," Discussion Papers DP 2017-29, Philippine Institute for Development Studies.
    21. Chris Chan & Danny Forwood & Heather Roper & Chris Sayers, 2009. "Public Infrastructure Financing: An International Perspective," Staff Working Papers 0902, Productivity Commission, Government of Australia.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:05/108. 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: (Jim Beardow) or (Hassan Zaidi). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.