scholarly journals Fiscal Responsibility Legislation and Fiscal Adjustment: The Case of Brazilian Local Governments

2014 ◽  
pp. 40-73 ◽  
Author(s):  
Luiz de Mello
Keyword(s):  
Local Governments ◽  
Fiscal Responsibility ◽  
Fiscal Adjustment

scholarly journals Orçamento público, ajuste fiscal e administração consensual

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Jessé Torres Pereira Junior ◽  
Thaí­s Boia Marçal
Keyword(s):  
Public Administration ◽  
Fundamental Rights ◽  
Public Budget ◽  
Fiscal Responsibility ◽  
Fiscal Adjustment ◽  
Fiscal Adjustments ◽  
The Right

<p><strong>ORÇAMENTO PÚBLICO, AJUSTE FISCAL E ADMINISTRAÇÃO CONSENSUAL </strong></p><p><strong>Resumo:</strong> O estado pós-moderno compromete-se a efetivar os direitos fundamentais que a Constituição assegura aos cidadãos, sem exclusão, entre eles o direito à boa administração pública. É instrumento de conformação desta, no direito público contemporâneo brasileiro, a Lei de Responsabilidade Fiscal, cuja edição completa 15 anos e em face da qual se promovem ajustes conciliadores das leis orçamentárias com a realidade socioeconômica em permanente mutação. Ajustes que devem resultar do diálogo entre as instituições representativas da sociedade, de sorte a conduzir a escolhas que serão tanto mais eficientes quanto pautadas na consensualidade.</p><p><strong>Palavras-chaves:</strong> Orçamento público. Ajuste fiscal. Administração pública dialógica. Lei de Responsabilidade Fiscal.</p><p><strong>PUBLIC BUDGET, FISCAL ADJUSTMENT AND CONSENSUAL ADMINISTRATION</strong></p><p><strong>Abstract:</strong> The postmodern state is guided to achieve fundamental rights, including the right for a good public administration. In such purpose, and to enable respect for fiscal responsibility law, it is imperative to carry out fiscal adjustments that allow the adequacy of budget laws to contemporaneous not stable socioeconomic contexts. These adjustments ought to be based on dialogue among institutions, in order to improve efficient choices grounded on consensualism.</p><p><strong>Keywords:</strong> Public budget. Fiscal adjustment. Dialogic public administration. Fiscal responsibility law.</p><p><strong>Data da submissão:</strong><strong> </strong>26/03/2016<strong>                   Data da aprovação: </strong>06/04/2016<strong></strong></p>

Collaborative Governance and the Implementation of Fiscal Responsibility Frameworks

2017 ◽  
pp. 463-482
Author(s):  
Sonia D. Gatchair
Keyword(s):  
Local Governments ◽  
Central Government ◽  
Collaborative Governance ◽  
Small Island ◽  
Successful Implementation ◽  
Policy Reforms ◽  
Local Authorities ◽  
Fiscal Responsibility ◽  
Fiscal Management ◽  
And Control

Local governments, like their central government counterparts, must demonstrate increased fiscal responsibility. Although the Jamaican finance ministry has overall responsibility for direction and control of fiscal management at all levels of government, successful implementation cannot be achieved solely by the finance ministry's efforts, but requires the inputs of other actors, including central government, local authorities, the private sector, and civil society groups. This chapter examines the strategic use of collaborations among local authorities and other stakeholders in the implementation of fiscal management policies, in particular revenue-raising efforts in Jamaica, a small island state. The study examines relationships/partnerships (collaborative governance) focusing on the actors, structure, and processes in the implementation of fiscal policy reforms in local authorities. It finds that deliberate efforts must be made to manage complexity arising from overlapping networks with unclear boundaries and fluidity in participation and leadership.

scholarly journals Municipal Strategy for Local Development: The Case of the Strategic Planning of Blumenau-ScHttp://Dx.Doi.Org/10.5585/Riae.V9i2.1676

2010 ◽  
Vol 9 (2) ◽  
pp. 168-190
Author(s):  
Sérgio Luiz do Amaral Moretti ◽  
Fabricia Durieux Zucco ◽  
Luciana Helena Crnkovic ◽  
Nadia Kassouf Pizzinatto
Keyword(s):  
Strategic Planning ◽  
Local Governments ◽  
Constant Pressure ◽  
Municipal Government ◽  
Local Development ◽  
Field Research ◽  
Growth Strategy ◽  
Fiscal Responsibility ◽  
The Government ◽  
The City

Strategic planning (SP) is undoubtedly an important tool for the management of municipalities, mainly due to the consequential regulations established by the Fiscal Responsibility Law, and also the City Statute, which exercise constant pressure on local governments. This study proposes to examine the importance of Municipal Strategic Planning (MSP) for regional development, and specifically as a means of correlating strategy and the results that shall be achieved. Therefore, we selected the city of Blumenau, SC, which adopted a growth strategy through capitalizing on touristic events based on its German tradition: Oktoberfest, held in the spring and Sommerfest in the summer. The field research adopted the procedure to explore, qualitatively, the case in question through interviews with those directly involved in the decision-making process, within the government and the authorities involved. The results indicate the success of the municipal government and Blumenau’s community in improving its touristic activities concerning the aforementioned events by incorporating an ample SP. In recent years, this collaboration has made an influential contribution to local development.

Collaborative Governance and the Implementation of Fiscal Responsibility Frameworks

2020 ◽  
pp. 364-383
Author(s):  
Sonia D. Gatchair
Keyword(s):  
Local Governments ◽  
Central Government ◽  
Collaborative Governance ◽  
Small Island ◽  
Successful Implementation ◽  
Policy Reforms ◽  
Local Authorities ◽  
Fiscal Responsibility ◽  
Fiscal Management ◽  
And Control

Local governments, like their central government counterparts, must demonstrate increased fiscal responsibility. Although the Jamaican finance ministry has overall responsibility for direction and control of fiscal management at all levels of government, successful implementation cannot be achieved solely by the finance ministry's efforts, but requires the inputs of other actors, including central government, local authorities, the private sector, and civil society groups. This chapter examines the strategic use of collaborations among local authorities and other stakeholders in the implementation of fiscal management policies, in particular revenue-raising efforts in Jamaica, a small island state. The study examines relationships/partnerships (collaborative governance) focusing on the actors, structure, and processes in the implementation of fiscal policy reforms in local authorities. It finds that deliberate efforts must be made to manage complexity arising from overlapping networks with unclear boundaries and fluidity in participation and leadership.

scholarly journals Revenue vs expenditure based fiscal consolidation: the pass-through from federal cuts to local taxes

2021 ◽  
Author(s):  
Luigi Marattin ◽  
Tommaso Nannicini ◽  
Francesco Porcelli
Keyword(s):  
Local Governments ◽  
Transmission Mechanism ◽  
Fiscal Rules ◽  
Fiscal Consolidation ◽  
Local Taxes ◽  
Fiscal Adjustment ◽  
Causal Impact ◽  
Pass Through ◽  
Central Level

AbstractA growing literature emphasizes that the output effect of fiscal consolidation hinges on its composition, as the choice of increasing revenues vs cutting expenditure is not neutral. Existing studies, however, underscore the role of local governments in a federal setting. Indeed, transfer cuts at the central level might translate into higher local taxes, changing the effective composition of the fiscal adjustment. We evaluate this transmission mechanism in Italy, where municipalities below the threshold of 5,000 inhabitants were exempted from (large) transfer cuts in 2012. This allows us to implement a difference-in-discontinuities design in order to estimate the causal impact of transfer cuts on the composition of fiscal adjustment, also because tight fiscal rules impose a balanced budget on Italian municipalities. We find a pass-through mechanism by which local governments react to the contraction of intergovernmental grants by mainly increasing taxes rather than reducing spending. From a political economy perspective, this revenue based fiscal consolidation is driven by local governments with low electoral competition and low party fragmentation.

scholarly journals Rising External Debt Burden, Increase Financial Stability Risk; the Need for Fiscal Adjustment in Nigeria

2021 ◽  
pp. 33-43
Author(s):  
Adamgbo, Suka ◽  
Kenn-Ndubuisi, Juliet Ifechi* ◽  
Toby, J. Adolphus
Keyword(s):  
Low Income ◽  
Financial Stability ◽  
External Debt ◽  
Low Income Countries ◽  
Fiscal Responsibility ◽  
Debt Sustainability ◽  
Debt Burden ◽  
Fiscal Adjustment ◽  
Analysis Technique ◽  
The Imf

The study examines the rising external debt burden, increased financial stability risk; the need for fiscal adjustment. Given that economic sustainability is the prime desire of every economy and considering the continuous accumulation of external borrowings. Our main focus is to investigate the fiscal vulnerability and debt sustainability position of the Nigerian economy. To find out whether the country’s present fiscal position is sustainable? Has the substantial external borrowings in the last two decades of uninterrupted democratic rule significantly supported the growth path of the Nigeria economy? If not, there is need for fiscal adjustment. Our period of investigation spans from 1999 to 2019. Data estimated using the time series based from CBN, Federal Ministry of Finance, IMF/World Bank publications. In analyzing the country’s debt burden/vulnerability, we applied the IMF debt burden indicators under the debt sustainability framework (DSF) for low income countries. Using the descriptive statistic, the study also employed the regression analysis technique to exploits the cause and effect relationship between the nation’s present debt stock, debt servicing obligation and the nominal as well the real economic growth rate. Our findings revealed the following; (i) using the percentile analysis and comparing it with the major debt sustainability bench marks under the IMF/Work Bank specifications, the country’s debt sustainability position was very negligible. The Nigerian situation shows debt sustainability position that fell below the bench marks (ii) the results of our finding also indicates a negative statistically significant relationship that exists between debt stock, servicing payment and both the nominal and real GDP. Based on our results, we concluded that the present fiscal vulnerability position of the country if not checked or curtailed through fiscal adjustment would amount to increasing the financial stability risk capable of causing deterioration in the functioning of the economy. We therefore, suggest amongst other measures that all should be aimed at improving and or enhancing monetary restrains, debt contraction restrains as well evolving and improving existing rules toward achieving fiscal responsibility and discipline.

scholarly journals 2. Public Investment and Capital in France

2020 ◽  
pp. 33-48
Author(s):  
Mathieu Plane ◽  
Francesco Saraceno
Keyword(s):  
Local Governments ◽  
Capital Expenditure ◽  
Public Investment ◽  
Golden Rule ◽  
Financial Assets ◽  
The Public ◽  
French Economy ◽  
Fiscal Adjustment ◽  
General Government ◽  
The Government

In chapter 2, Mathieu Plane and Francesco Saraceno take up the case of France, where public investment has seen contrasting trends in recent decades. Although it was rather dynamic until the 2000s, a real inflection took place at the turn of 2010 when the government turned to austerity, and a large part of fiscal adjustment was achieved by reducing capital expenditure. Their chapter starts by looking at the evolution of general government net wealth from the late 1970s. While still positive, the consolidated net wealth is today at an all-time low. Indeed, after reaching a record level in 2007 (58.1% of GDP) it has lost 45 points of GDP in the space of eleven years. Plane and Saraceno then focus on the evolution of the stock of non-financial assets held by the general government. Most of this is non-produced (land), and it has fluctuated greatly because of changes in prices. The stock of fixed assets, which represents the accumulation of public productive capital, has been much more stable, and it is owned mostly by local governments. The authors then focus on flows (investment), to conclude that, with the exception of intellectual property rights, all components of public investment are today at historic lows and it is “civil engineering works” that have experienced the greatest decline. For the last three years, public net investment was negative, meaning that France does not accumulate public capital anymore. In fact, since 2009 the increase of debt has not been used to finance new investment but mostly current expenditure. Finally, the chapter analyses, by means of a multi-sector macroeconomic model, the impact on growth in different macro sectors, of a permanent increase of public investment. Based on this analysis, the chapter concludes with an assessment of the public investment needs of the French economy, and, like other chapters of the Report, pleads for the introduction of a Golden Rule of public finances aimed at preserving capital expenditure.

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.

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