Hardening a Soft Budget Constraint Through 'Upward Devolution' to a Supranational Institution : The Case of Italian State-Owned Firms and the European Union
Bertero, Elisabetta and Rondi, Laura (2002). Hardening a Soft Budget Constraint Through 'Upward Devolution' to a Supranational Institution : The Case of Italian State-Owned Firms and the European Union. UNU-WIDER.
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Sub-type Discussion paper Author Bertero, Elisabetta
Rondi, LauraTitle Hardening a Soft Budget Constraint Through 'Upward Devolution' to a Supranational Institution : The Case of Italian State-Owned Firms and the European Union Volume/Issue No. 2002/16 Publication Date 2002 Place of Publication Helsinki Publisher UNU-WIDER Pages 39 Language eng Abstract This paper contributes to the literature on the role of decentralization in hardening the budget constraint of public enterprises. Following Qian and Roland the study adopts a `federalist´ approach. However, it interprets federalism as the upward devolut
Keyword Budget
Government business enterprises
Government spending policy
International obligationsCopyright Holder UNU-WIDER Copyright Year 2002 Copyright type Fair use permitted ISSN 16095774 ISBN 9789291901517 -
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