Title:

Debt, expenditure structure and investment of local government sector in EU countries, Japan and the U.S. – changes over 1999-2013

Subtitle:

Raport Badawczy = Research Report ; RB/27/2015

Creator:

Bitner, Michał ; Cichocki, Krzysztof

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2015

Description:

27 pages ; 21 cm ; Bibliography p. 26-27

Subject and Keywords:

Local government finance ; Finanse samorządu terytorialnego ; Investment analysis ; Analiza inwestycji

Abstract:

This paper is devoted to comparative analysis over 1999-2013 of the local government (LG) sectors' debt, deficit (net borrowing), investment expenditure and operating surplus in EU countries, Norway, Switzerland, Japan and the U.S. The share of local government debt in public debt, changes in its expenditure structure and present dominating role of the sector in public investment were examined. The analysis includes finances of the whole LG sector - local governments and institutions of the LG sector during the period of 15 years. The analysis respects a variety of relations between "basic" budgets of LGs and financial plans of LGs' institutions and also smoothies out impacts of recession and changing relationships between the state and LGs. The approach uses the same methodology of national accounts, enables investigation of debt and deficit consistently with the EU excessive deficit procedure, and utilizes the same data base for the LG sector in EU and OECD countries.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2015-27

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open