LEADER 02935nam 2200577Ia 450 001 9910452597903321 005 20200520144314.0 010 $a1-4755-5102-9 010 $a1-4755-3986-X 035 $a(CKB)2550000000107549 035 $a(EBL)1606777 035 $a(SSID)ssj0000942146 035 $a(PQKBManifestationID)11601444 035 $a(PQKBTitleCode)TC0000942146 035 $a(PQKBWorkID)10972024 035 $a(PQKB)10088784 035 $a(MiAaPQ)EBC1606777 035 $a(Au-PeEL)EBL1606777 035 $a(CaPaEBR)ebr10579635 035 $a(OCoLC)794991592 035 $a(EXLCZ)992550000000107549 100 $a20111102d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aLocal governments' fiscal balance, privatization, and banking sector reform in transition countries$b[electronic resource] /$fErnesto Crivelli 210 $aWashington, D.C. $cInternational Monetary Fund$dc2012 215 $a1 online resource (29 p.) 225 1 $aIMF working paper ;$v12/146 300 $aDescription based upon print version of record. 311 $a1-4755-1559-6 311 $a1-4755-0411-X 320 $aIncludes bibliographical references. 327 $aCover; 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; References 330 $aSeveral transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote fiscal discipline. This paper uses a panel of 20 transition countries over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline? The answer is clearly 'no' for privatization considered in isolation. However, privatization and subnational f 410 0$aIMF working paper ;$v12/146. 606 $aDecentralization in government 606 $aPrivatization 608 $aElectronic books. 615 0$aDecentralization in government. 615 0$aPrivatization. 700 $aCrivelli$b Ernesto$0926474 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452597903321 996 $aLocal governments' fiscal balance, privatization, and banking sector reform in transition countries$92080460 997 $aUNINA