David Onditi

eBook, PDF

The impact of fiscal decentralization and the soft budget constraint on the local government debt (eBook, PDF)

Beschreibung

Essay from the year 2019 in the subject Business economics - Economic Policy, grade: A, University of Nairobi (School of Business), course: PhD Economics, language: English, abstract: The author aims to study the impacts of fiscal decentralization and soft budget constraint on the scale of local government debts. Moreover, the effect of soft budget constraint on the scale of local government debt under the different extent of fiscal decentralization will be discussed. Due to the linkage between economic growth and the fiscal decentralization, the expansion in the local government debt is closely related to the fiscal decentralization and the soft budget constraint (SBC) - the expectation that the local governments would be bailed out by the central government if they face debt challenges. Based on the literature fiscal decentralization is linked to local government debts as literature indicates that fiscal decentralization leads to the decentralization of the expenditure without the revenue collection powers. The Chinese local governments have increased expenditure budgets on public services but the powers of taxation are centralized. To bridge the revenue gaps, the local governments take up debts that are sunk into infrastructure and other low revenue generating investments. Soft budget constraints are thus a product of fiscal decentralization as they are based on the principal - agent relationship between the politicians and the voters, central government and local government and the local governments and the SOEs within the local jurisdictions.

Technische Details

• Geräte: PC
• ohne Kopierschutz
• Größe: 0.73MB

Barrierefreiheit

• Text-to-Speech

Autor

A competent expert in Supply Chain Management with notable record in the management of procurement, transport, logistics, imports, exports and business development functions in both domestic-level, regional-level and global level markets. Accomplished at developing organisation growth strategies and plans. I have managed and retained relationships with existing clients/suppliers and increased our supplier base by 450% in one year. I am keen in identifying and mapping business strengths and customer needs for my organisation. MY SKILLS: -e-business/e-procurement systems. -Technical Understanding and Market dynamics. -Project Management and Global trends in SCM. -Contract Negotiation and Management. -Business development, marketing & networking. -In-depth knowledge of products and value proposition. -Strategic planning and management. -Purchasing/Buying/ Commodity acquisition. -ERP/SAP/SAGE/SCM Software. MY STRENGTHS: * Effective coordination *Leadership and teamwork. *Attention to details. *Proper communication Skills. *Goal-focused *Analytics know-how. *Tact and diplomacy. * High degree of personal integrity. * Understanding intercultural diversity/relations. * Multitasking and ability to handle concurrent projects. *I am open to opportunities where I can exploit my abilities, skills and knowledge in performing the given deliverables. Feel free to reach out to via email to [e-mail] or via LinkedIn Inmail.

Produktdetails

• Verlag: GRIN Verlag
• Seitenzahl: 27
• Erscheinungstermin: 9. Dezember 2019
• Englisch
• ISBN-13: 9783346078964
• Artikelnr.: 58577524