Funding and financing of local government public investment: A framework and application to five OECD Countries | en
Data, policy advice and research on Denmark including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA., The bulk of government investment is done at the local level in OECD countries, representing on average 41% of total public investment. Most studies on subnational government debt focus on the regional or state level, and very few studies analyse public investment specifically by local governments. This paper aims at filling this gap, presenting a framework to analyse the key factors, which affect the capacity of local governments t...
Source: oecd.org