ePrivacy and GPDR Cookie Consent by Cookie Consent

🦃 Cozy up with autumn reads! Let our AI Librarian pick your perfect fireside book 🍁

Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

by Ernesto Crivelli

📖 The Scoop

Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote fiscal discipline. This paper uses a panel of 20 transition countries over 19 years to address a central question of fact: Did privatization help to promote local governments’ fiscal discipline? The answer is clearly ‘no’ for privatization considered in isolation. However, privatization and subnational fiscal autonomy along with reforms to the banking system - restraining access to soft financing - may prove effective at improving fiscal balances among local governments.

Genre: Business & Economics / Economics / Macroeconomics (fancy, right?)

🤖Next read AI recommendation

AI Librarian

Greetings, bookworm! I'm Robo Ratel, your AI librarian extraordinaire, ready to uncover literary treasures after your journey through "Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries" by Ernesto Crivelli! 📚✨

AI Librarian

AI Librarian

Eureka! I've unearthed some literary gems just for you! Scroll down to discover your next favorite read. Happy book hunting! 📖😊

Reading Playlist for Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Enhance your reading experience with our curated music playlist. It's like a soundtrack for your book adventure! 🎵📚

🎶 A Note About Our Spotify Integration

Hey book lovers! We're working on bringing you the full power of Spotify integration. 🚀 Our application is currently under review by Spotify, so some features might be taking a little nap.

Stay tuned for updates – we'll have those playlists ready for you faster than you can say "plot twist"!

Login with Spotify

🎲AI Book Insights

AI Librarian

Curious about "Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries" by Ernesto Crivelli? Let our AI librarian give you personalized insights! 🔮📚