02935nam 2200577Ia 450 991045259790332120200520144314.01-4755-5102-91-4755-3986-X(CKB)2550000000107549(EBL)1606777(SSID)ssj0000942146(PQKBManifestationID)11601444(PQKBTitleCode)TC0000942146(PQKBWorkID)10972024(PQKB)10088784(MiAaPQ)EBC1606777(Au-PeEL)EBL1606777(CaPaEBR)ebr10579635(OCoLC)794991592(EXLCZ)99255000000010754920111102d2012 uy 0engur|n|---|||||txtccrLocal governments' fiscal balance, privatization, and banking sector reform in transition countries[electronic resource] /Ernesto CrivelliWashington, D.C. International Monetary Fundc20121 online resource (29 p.)IMF working paper ;12/146Description based upon print version of record.1-4755-1559-6 1-4755-0411-X Includes bibliographical references.Cover; Contents; I. Introduction; II. Decentralization, Fiscal Balances, and Privatization: Background; III. Empirical Specification and Data; A. Empirical Specification; B. Estimation; C. Data; IV. Results; Tables; 1. Main Results; V. Further Analysis; 2. Robustness Results; VI. Discussion and Conclusions; Appendices; A. Data; A.1. Descriptive Statistics; B. Robustness to Instrument Choice; B.1. Robustness to instrument choice: Main results; B.2. Robustness to Instrument Choice: Further Results; ReferencesSeveral transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote fiscal discipline. This paper uses a panel of 20 transition countries over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline? The answer is clearly 'no' for privatization considered in isolation. However, privatization and subnational fIMF working paper ;12/146.Decentralization in governmentPrivatizationElectronic books.Decentralization in government.Privatization.Crivelli Ernesto926474MiAaPQMiAaPQMiAaPQBOOK9910452597903321Local governments' fiscal balance, privatization, and banking sector reform in transition countries2080460UNINA