ATYPICAL LOCAL-GOVERNMENT INDEBTEDNESS IN HUNGARY (Atipikus onkormanyzati eladosodas Magyarorszagon)

• Authors: Vigvari Andras
• Languages of publication: HU

Abstracts

EN

The paper sets out to examine the local-government system in Hungary, starting from an atypical pattern of indebtedness among LGOs in recent years. One symptom of the atypical indebtedness is atypical local government. It argues that this as another factor behind the break-up of the Hungarian local-government model and also a cause for further changes. Having presented the main features of this Hungarian local-government model, the author draws attention to the financial structure, before analysing the effect of the indebtedness on the sustainability of the budget. The paper looks at the possibility of handling the problem in the short term, within the frames of the existing model, but points out that the indebtedness is a further obstacle to paradigmatic reform. Finally it advances two possible scenarios for a systemic solution to modernization.

Keywords

EN

GOVERNMENT POLICY AND REGULATION; INTERGOVERNMENTAL RELATIONS; PERFORMANCE OF GOVERNMENT; STATE AND LOCAL GOVERNMENT

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2009
• Volume: 56
• Issue: 7/8
• Pages: 709-730
• Document type: ARTICLE

Contributors

author

Vigvari Andras

• Andras Vigvari, no address given, contact the journal editor

Identifiers

CEJSH db identifier

10HUAAAA078815