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- W564480218 abstract "The monitoring of government policies gained prominence after the outbreak of the global crisis in 2008. The evolution of public deficit and debt has received increasing attention from analysts and policy managers. Although the focus of attention is usually directed to the central government, the demand for information on subnational governments (SNGs) is on the rise because of the autonomy that these governments have achieved to manage their finances. This process has brought risks to fiscal stability, and several central governments have been asked to take on unpaid SNGs’ debts. Moreover, the default of SNGs may reduce the credibility of the general government. In order to prevent these problems, several measures have been adopted, including the enactment of laws regarding fiscal responsibility that impose limits and conditions for borrowing and require greater transparency of public accounts in order to avoid fiscal mismanagement." @default.
- W564480218 created "2016-06-24" @default.
- W564480218 creator A5035966849 @default.
- W564480218 date "2013-01-01" @default.
- W564480218 modified "2023-09-27" @default.
- W564480218 title "Fiscal federalism in Brazil: the importance of data disclosure of subnational governments" @default.
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