Can auditing and other assurance services stimulate public expenditure governance The context of fiscal institutionalisation mediation in local governments

2021 ◽  
Vol 7 (3) ◽  
pp. 337
Author(s):  
Paul Onyango Delewa ◽  
Isaac Nabeta Nkote
Keyword(s):  
Local Governments ◽  
Public Expenditure ◽  
Assurance Services

Stress Tests as a Tool to Assess the Risk of Public Expenditure on Debt Servicing Increasing at Local Government Entities

2019 ◽  
Vol 17 (2) ◽  
pp. 205-224
Author(s):  
Marta Postuła ◽  
Miroslaw Czekaj ◽  
Jaroslaw Klepacki
Keyword(s):  
Local Government ◽  
Interest Rates ◽  
Local Governments ◽  
Public Expenditure ◽  
Stress Test ◽  
Stress Tests ◽  
Government Sector ◽  
Development Expenditure ◽  
Low Levels ◽  
The Eu

National and local government's public debt is of special interest to economic sciences. With interest rates in the EU countries now at historically low levels, there is risk of a trend change causing development expenditure to be crowded out from budgets in favour of debt servicing costs. The analysis (stress test) of the sensitivity of debt servicing costs in the local government sector in Poland to an unexpected growth of market interest rates above the values forecasted by the MoF confirms that local governments are exposed to interest rate growth risk, and consequently to the risk of their budgets incurring unplanned expenditure.

scholarly journals EXPENDITURE FLUCTUATION AND CONSUMPTION LOSS: RURAL SPATIAL POVERTY IN CHINA

2021 ◽  
Vol 0 (0) ◽  
pp. 1-26
Author(s):  
Xiang Luo ◽  
Jingjing Qin ◽  
Qing Wan
Keyword(s):  
Local Governments ◽  
Large Scale ◽  
Public Expenditure ◽  
Rural Poverty ◽  
Space Environment ◽  
Transfer Payment ◽  
Climate Data ◽  
Local Finance ◽  
Spatial Environment ◽  
The Impact

Poverty is a challenge faced by all countries worldwide. This paper focuses on a factor that has been less well documented: the consumption loss of farmer households caused by the fluctuation of rural public expenditure. Based on large-scale micro household data and climate data, the instrumental variable estimation results show that every 1% fluctuation of rural public expenditure will lead to a 0.113% decrease in farm household consumption. In addition, the fluctuation of rural public expenditure is also a main cause of long-term consumption loss of farmer households. Furthermore, it was found that the impact of rural public expenditure fluctuation on consumption loss is of certain spatial heterogeneity. The worse the spatial environment is, the more serious the consumption loss will be. The policy suggestion of this paper is to ensure a stable scale of rural public expenditure through the central transfer payment, so as to improve the ability of local governments to implement counter cyclical public policies, and transform local finance (industrial investment) into public finance (infrastructure and education) to improve the local space environment. Overall, this study reveals the impact of spatial externality on rural poverty from the perspective of public expenditure fluctuation, and at the same time provides empirical evidence for a better evaluation of the relationship between development and poverty and support for rational regional anti-poverty policies.

Ideology and Local Public Expenditure Priorities

2016 ◽  
Vol 69 (4) ◽  
pp. 830-841 ◽  
Author(s):  
Jennifer M. Connolly ◽  
Dyana P. Mason
Keyword(s):  
Resource Allocation ◽  
Local Governments ◽  
Public Expenditure ◽  
Democratic Governance ◽  
Institutional Factors ◽  
Elected Officials ◽  
Specific Service ◽  
Local Decision ◽  
Personal Ideology ◽  
The Impact

Local governments prioritize spending on various types and levels of public services. Although scholars have shown that citizen preferences and institutional factors, such as economic, political, and legal arrangements, play a role in resource allocation, scholars have not systematically examined the impact of local elected officials’ own ideological preferences on service prioritization. A better understanding of the impact of personal ideology on local government resource allocation is needed as this provision of funds has implications for democratic governance and responsiveness. We develop and use a novel measure of local elected official ideology using a 2011 survey of California local elected officials to test the hypothesis that local decision-maker ideology affects attitudes on funding-specific service categories. We find evidence that local elected officials’ attitudes toward service reductions are associated with both their own individual ideology, measured on the conservative–liberal spectrum, and the ideology of their constituents.

Public Expenditure Decentralization in Developing Countries

1986 ◽  
Vol 4 (4) ◽  
pp. 405-418 ◽  
Author(s):  
R W Bahl ◽  
S Nath
Keyword(s):  
Developing Countries ◽  
Local Governments ◽  
Public Expenditure ◽  
Central Government ◽  
Fiscal Decentralization ◽  
Primary Sources ◽  
International Agency ◽  
The Public ◽  
Level Of Economic Development ◽  
Using Data

The objective of this paper is to investigate the extent of public expenditure decentralization among developing countries, and to identify its determinants. Using data compiled from international agency sources, and from primary sources, it is shown that fiscal decentralization has gone significantly farther in developed than in developing countries. The use of factor analysis and regression analysis indicates three general explanations for the wide variation in fiscal decentralization among countries. The public expenditure share of subnational governments appears to be greater where the level of economic development is higher, in countries with larger populations, and in countries whose central government budgets carry less of a defense burden. The results also suggest that where central governments mobilize more resources through the revenue system, the subnational government's share of expenditures may be lower—taxes are more likely to stick where they hit than to be passed through as grants to local governments.

Florida Agritourism Building and Fire Codes

EDIS ◽  
2020 ◽  
Vol 2020 (1) ◽  
Author(s):  
Mary Beth Henry ◽  
Kathryn A Stofer
Keyword(s):  
Agricultural Education ◽  
Local Governments ◽  
Regulatory Authority ◽  
Building Codes ◽  
Bona Fide ◽  
Agricultural Operations ◽  
On Farm ◽  
Fire Codes

Agritourism marries Florida’s two largest industries, tourism and agriculture, to provide an on-farm recreational experience for consumers. Although Florida trails many other states in the number of agritourism operations, the number of Florida farms offering recreational experiences more than doubled from 2007 to 2012. This new 4-page document describes building codes relevant to Florida agritourism operations. Written by Mary Beth Henry and Kathryn A. Stofer, and published by the UF/IFAS Department of Agricultural Education and Communication.https://edis.ifas.ufl.edu/wc349 A companion document, Florida’s Agritourism Laws, EDIS publication AEC623, Florida’s Agritourism Laws, http://edis.ifas.ufl.edu/wc285, discusses Florida Statutes related to definitions, liability protections, and limits to regulatory authority of local governments over bona fide agricultural operations engaged in agritourism.

Fiscal Decentralization in Transition Economies

2004 ◽  
pp. 126-141
Author(s):  
A. Chernyavsky ◽  
K. Vartapetov
Keyword(s):  
Public Finance ◽  
Transition Economies ◽  
Local Governments ◽  
Fiscal Decentralization ◽  
Government Control ◽  
Finance Reform ◽  
Fiscal Transfers ◽  
Fiscal Autonomy ◽  
Subnational Government ◽  
Tax Autonomy

By employing the methodology developed by the OECD the paper assesses the degree of revenue decentralization in Russia in comparison with other post-communist European countries. The paper provides theoretical arguments underpinning fiscal decentralization, analyzes the composition of subnational government revenues, the level of regional and local tax autonomy and types of intergovernmental fiscal transfers. The analysis presents the composition of revenues depending on the degree of subnational and local government control. In comparison with other transition countries fiscal decentralization in Russia is relatively low. It is concluded that Russia's public finance reform has not progressed towards providing greater fiscal autonomy for regional and local governments.

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