Fiscal responsibility and multi-level governance: Bridging the gap between policy and management
| Autor: | Anna Francesca Pattaro, Enrico Guarini |
|---|---|
| Přispěvatelé: | Schoburgh, E, Ryan, R, Guarini, E, Pattaro, A |
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: |
financial viability
Bridging (networking) Multi-level governance public financial management Economic policy public sector organizations 05 social sciences fiscal governance Fiscal union public governance 0506 political science Fiscal responsibility management Project governance SECS-P/07 - ECONOMIA AZIENDALE 0502 economics and business Economics 050602 political science & public administration Business 050207 economics Economic system fiscal responsibility multi-level governance |
| Popis: | Public-policy assumptions regarding sub-national governments' financial behavior are based on economic rationality. Therefore, to achieve fiscal stability at the macro level, central governments use fiscal rules both to constrain the behavior of local policymakers and to resolve deficit/debt biases. Using the Italian fiscal governance system as an illustrative example, this chapter considers both the tensions derived from achieving fiscal responsibility at the national level in a decentralized environment and the difficulties of maintaining adequate performance at the local government level. It is argued that the public management perspective can be helpful not only at the micro level but also at the macro level in developing public policies to promote fiscal stability. It is suggested that public policy should adopt a more holistic approach toward fiscal responsibility in multi-level governance environments. Such an approach requires a deep understanding of the determinants of financial viability of public sector organizations. |
| Databáze: | OpenAIRE |
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