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Local authorities' budgetary deficits and excessive indebtedness (local and Regional Authorities in Europe Series No. 58) (1998)

  • Neuf
Série Communes et Régions d'Europe
978-92-871-3024-2
Format :
Papier
Langue :
Anglais
Type de document :
Livre
Dimensions :
A4
Nombre de pages :
150
12,96 € / 21.00 $US
HT
Public sector borrowing increases the tax burden in the long term and can eventually lead to a significant decrease in the proportion of the budget apportioned to running public services.
In order to better assess normal levels of indebtedness without impairing their operational efficiency or autonomy, the Steering Committee on Local and Regional Authorities (CDRL), on the basis of the information presented by twenty-seven member states, has elaborated guidelines which are resumed in this book.