Participatory Budgeting, Fiscal Transparency, and Fiscal Outcomes: Experiences at the Korean Local Governments

2020 ◽  
Vol 32 (4) ◽  
pp. 667-699
Author(s):  
Ik-Hwan Kweon ◽  
Jung-Bu Kim
Keyword(s):  
Local Governments ◽  
Participatory Budgeting ◽  
Fiscal Transparency ◽  
Fiscal Outcomes

FISCAL TRANSPARENCY AND FOREIGN DIRECT INVESTMENT IN CHINA

2018 ◽  
Vol 63 (04) ◽  
pp. 839-859 ◽  
Author(s):  
JR-TSUNG HUANG ◽  
MING-LEI CHANG
Keyword(s):  
Foreign Direct Investment ◽  
Spatial Dependence ◽  
Local Governments ◽  
Direct Investment ◽  
Foreign Capital ◽  
Explanatory Variables ◽  
Fiscal Transparency ◽  
Primary Finding ◽  
Regional Product ◽  
Investment In China

This study aims to explore the influence of fiscal transparency on foreign direct investment (FDI, hereafter) in China under the consideration of the spatial dependence of FDI. The study adopts panel data for 30 provinces from 2010 to 2014 to estimate a one-way fixed-effect spatial Durbin model. The primary finding of this study is that a higher level of fiscal transparency will attract more FDI, while keeping other factors constant and considering the spatial dependence of FDI. Other explanatory variables, such as gross regional product and the density of railways, also have statistically significant influences on FDI. Consequently, this study suggests that the Chinese local governments should improve their fiscal transparency in order to attract more foreign capital and further stimulate their economic development as well as China’s economic growth as a whole.

scholarly journals Local Government Debt and Municipal Bonds in China: Problems and a Framework of Rules

2014 ◽  
Vol 31 (2) ◽  
pp. 23-53 ◽  
Author(s):  
Xingyuan Feng
Keyword(s):  
Public Finance ◽  
Local Government ◽  
Local Governments ◽  
Government Debt ◽  
Debt Financing ◽  
Municipal Bonds ◽  
Local Democracy ◽  
Government Bonds ◽  
Fiscal Transparency ◽  
Current State

Local governments in China are facing heavy debt burdens, a low level of fiscal transparency and a lack of constraints by local democracy. Since 2008, local government debts have skyrocketed. This article analyses the current state and features of local government debts and the two kinds of 'quasi municipal bonds' in China—urban investment bonds and local government bonds—along with their problems and risks. It examines the risks connected with local government debts and these bonds from the perspectives of public finance and political economy. It concludes with a discussion of a framework of rules for local government debt financing, especially for the issuance of municipal bonds in China.

scholarly journals Put your money where your mouth is - participatory budgeting in Romanian cities

2020 ◽  
Vol 338 ◽  
pp. 303-312
Author(s):  
Nicolae Urs
Keyword(s):  
Local Governments ◽  
Public Management ◽  
New Public Management ◽  
Participatory Budgeting ◽  
Public Servants ◽  
Digital Era ◽  
New Public ◽  
Policy Making Process ◽  
The Government

Almost 40 years ago, New Public Management theorists reserved an increasingly important role for citizens and civil society in the policy making process. This trend continued afterwards with proponents of Digital Era Governance or New Public Service theories. But without the opportunity of taking decisions on how to spend at least some parts of the government money, the influence of citizens and NGOs is fairly limited. Local governments, as the institutions closer to the needs and wishes of the communities, have gradually taken note of the increasing clamor for more power and transparency. Participatory budgeting processes have sprung up all over the world in the last years. Romania is no exception; a number of cities have implemented platforms that allow their citizens to propose and vote on projects to improve the quality of life in their communities. Our research will try to ascertain the level of success such initiatives have in Romania, a country with a generally low level of civic engagement. For this, we will use questionnaires and interviews with public servants in charge of these platforms.

Policy Diffusion at the Local Level: Participatory Budgeting in Estonia

2017 ◽  
Vol 54 (2) ◽  
pp. 419-447 ◽  
Author(s):  
Jelizaveta Krenjova ◽  
Ringa Raudla
Keyword(s):  
Qualitative Study ◽  
Diffusion Process ◽  
Local Governments ◽  
Local Level ◽  
Policy Diffusion ◽  
Limited Attention ◽  
Participatory Budgeting ◽  
Predominant Role ◽  
Diffusion Mechanisms ◽  
Scholarly Discussion

The existing studies on participatory budgeting (PB) have paid very limited attention to how this participatory tool has spread across local governments (LGs), what kind of diffusion mechanisms have played a predominant role, and which actors and factors have influenced its adoption. Our article seeks to address this gap in the scholarly discussion by exploring the diffusion of PB across LGs in Estonia, where it is a rather new phenomenon. Our qualitative study demonstrates that the diffusion of PB in Estonia has so far been driven by the interaction of two mechanisms: learning and imitation. We also find that an epistemic go-between, information-technological solutions, and the characteristics of the initial adopter played a significant role in shaping the diffusion process.

scholarly journals Goal Setting of Youth Practices of Participatory Budgeting

2021 ◽  
Vol 13 (2) ◽  
pp. 83-92
Author(s):  
Natalia G. Ivanova ◽  
Vitalii A. Fedosov
Keyword(s):  
Young People ◽  
Goal Setting ◽  
Russian Federation ◽  
Local Governments ◽  
People With Disabilities ◽  
Participatory Budgeting ◽  
The Russian Federation ◽  
State And Local ◽  
Standard Practices ◽  
The Relationship

Participatory budgeting in the Russian Federation is experiencing a new round of development. The practices of participatory budgeting, which are implemented by state and local governments, are becoming more and more diverse. Some of them involve people who are not well-represented in standard practices, for example, people with disabilities, young people etc. The authors conduct a study of the development of participatory budgeting practices for young people, highlight their characteristic features, and summarize foreign and Russian experience. A key aspect of designing the practice of participatory budgeting is its goal setting. The article systematizes the goals of participatory budgeting practices for “adults” and, based on the available data, determines the priorities of goal setting for youth participatory budgeting practices. The authors substantiate the relationship between the practices of participatory budgeting for young people and programs to improve budget literacy.

scholarly journals The allocation of participatory budgeting funds within the context of population ageing and social inequalities

2020 ◽  
Vol 63 (3) ◽  
pp. 303-317
Author(s):  
Piotr Wetoszka ◽  
Keyword(s):  
Local Governments ◽  
Social Inequalities ◽  
Multiple Correspondence Analysis ◽  
The Elderly ◽  
Participatory Budgeting ◽  
Single Family ◽  
Deprived Neighbourhoods ◽  
Age Related ◽  
Policy Agendas ◽  
Urban Concentration

In Brazil in the late 1980s, participatory budgeting was introduced to help develop deprived neighbourhoods. Modern European cities must face environmental and social threats that cause intra-urban inequalities to grow, especially with respect to the elderly. Local governments are urged to reformulate their policy agendas to withstand these trends. Is participatory budgeting not becoming a threat to tackling these issues rather than a solution as it originally was? To address this question, the intra-urban concentration of funds must be investigated. Do neighbourhoods with a higher share of the elderly – less politically active yet emotionally bound to their surroundings – tend to get less funding, as the theory of elite capture could suggest? While this question has been discussed in literature, neither the intra-urban age composition nor the specificity of Polish participatory budgets was considered. The overall goal of the study was to investigate the relationship between the age structure of neighbourhoods in Wrocław and their performance in participatory budgeting editions run between 2016–2017. By means of clustering and multiple correspondence analysis, a typical “winner” of the two editions can be determined. It is a neighbourhood incorporated into the city at later stages of suburbanisation, with single-family housing and an above-average share of residents aged 25–44. The analysis performed does not reveal any similar connections for other types of neighbourhoods, including those with above-average shares of the elderly. It is safe to argue that territorial city expansion and age-related inter-city differences cannot be seen independently of each other.

scholarly journals PILOTs as a Means of Circumventing TELs and Managing a Recession: The Case of Wisconsin Municipalities

2018 ◽  
Vol 4 (3) ◽  
pp. 265
Author(s):  
Craig S. Maher ◽  
Ji Hyung Park ◽  
Bit An
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Property Taxes ◽  
Community Characteristics ◽  
Tax And Expenditure Limitations ◽  
Revenue Sources ◽  
Expenditure Limitations ◽  
Tax And Expenditure Limits ◽  
Fiscal Outcomes

Following the rise of tax and expenditure limitations in the 1970s, scholars have focused on assessing the effects of these limitations on local government fiscal outcomes. One key takeaway has been local governments’ decreasing reliance on property taxes and increased use of nontax revenue sources, in particular fees and changes. This study builds on this work by focusing on a particular type of fee—that is, payments in lieu of taxes (PILOTs). We find that, in Wisconsin, revenues received by municipalities from two PILOTs programs are affected quite differently. The extent to which the economy, municipal fiscal condition, tax and expenditure limits, and community characteristics affect PILOTs’ revenues depends on the extent to which the municipality can manipulate the payment structure. 

scholarly journals Predictors, Determinant Groups, and Participatory Budgeting

2021 ◽  
pp. 186-208 ◽  
Author(s):  
Maja Klun ◽  
Jože Benčina
Keyword(s):  
Logistic Regression ◽  
Citizen Participation ◽  
Local Governments ◽  
Binary Logistic Regression ◽  
Sociodemographic Factors ◽  
Participatory Budgeting ◽  
Main Research ◽  
Finance Management ◽  
Local Resources ◽  
Recent Developments

Recent developments in local public finance management in Slovenia indicate the local governments’ growing interest in introducing participatory budgeting as a decision-making tool, wherein part of local resources are used with citizen participation. Usually, the literature on participation budgeting analyses its effects, but our main research objective was to analyze the possible determinants influencing its implementation. The influence of political factors, sociodemographic factors, economic factors, and the capability of municipalities are examined here using binary logistic regression to predict a dichotomous dependent variable from a set of predictor variables. In binary logistic regression, predictable variables are the probability of one category being chosen. In this case, the authors calculated the probability that a municipality, described by selected prediction variables, would implement a participatory budget. The results of the analysis suggest six indicators that impact the probability of participatory budgeting adoption, proving the influence of four determinants on the decision to adopt such a measure.

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