Monitoring Fiscal Risks of Subnational Governments

Monitoring Fiscal Risks of Subnational Governments

Growing experience with decentralization indicates that a country's public finance system suffers when subnational governments expose themselves to excessive risk. But central governments often lack the information needed to monitor the fiscal...

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Bibliographic Details
Main Authors: Ma, Jun, Polackova, Hana
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
AUDITING
BOND ISSUES
BORROWING
BORROWING POLICIES
BUDGET DEFICIT
CENTRAL GOVERNMENT
CREDIT RATINGS
CREDIT RISK
CREDITWORTHINESS
DEBT
DEBT SERVICE
DECENTRALIZATION
DISTRICTS
FINANCIAL DISTRESS
FINANCIAL INSTITUTIONS
FINANCIAL PLANNING
FISCAL
FISCAL BALANCE
FISCAL CRISES
FISCAL PRESSURES
FOREIGN BORROWING
INTEREST INCOME
INTERGOVERNMENTAL FINANCE
LOCAL AUTHORITIES
LOCAL GOVERNMENT
MORAL HAZARD
MUNICIPALITIES
NONTAX REVENUE
PRESIDENCY
PUBLIC FINANCE
REVENUE CAPACITY
REVENUE GROWTH
REVENUE SHARING
SAVINGS
SENATE
SOCIAL SECURITY
SOCIAL WELFARE
SUBNATIONAL FINANCES
SUBNATIONAL GOVERNMENT
SUBNATIONAL GOVERNMENTS
TAX
TAX REVENUE
TRANSITION ECONOMIES
WAGES FISCAL ADMINISTRATION
RISK MANAGEMENT
INTERGOVERNMENTAL FISCAL RELATIONS
DEBT CRISIS
CENTRAL BANKS
POLITICAL PRESSURE
ECONOMIC INDICATORS
LIQUIDITY
SOLVENCY
CAPITAL REQUIREMENTS
CREDIT CONTROL
DEBT REPORTING SYSTEM
INFORMATION GAPS
GOVERNMENT ROLE
Online Access:http://hdl.handle.net/10986/11355

Internet

http://hdl.handle.net/10986/11355

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