Intergovernmental Finances In Hungary

by Kopanyi, Mihaly; Wetzel, Deborah; EL DAHER, SAMIR

• ISBN13: 9780821360514
• ISBN10: 0821360515
• Format: Paperback
• Copyright: 2005-02-15
• Publisher: World Bank

Summary

This book illustrates the decade-long transformation of the Hungarian subnational system with a focus on subnational finance. It builds upon policy analyses prepared by local and international specialists and covers various aspects of municipal life: revenue and expenditure assignments, taxation, intergovernmental transfers, strategic planning, outsourcing, public-private partnership, utility regulation, asset and liability management, municipal enterprises, household arrears, project financing, borrowing, and insolvency resolution. Part one is an overview of developments and policy proposals in the 1990s. Part two provides 28 case studies that address: how to enhance the intergovernmental system, how to build local government expertise in strategic management and finance, and how to design a competitive framework for financing subnational governments. Hungary's transition and its innovative and adaptive local governments have proven the merits of fiscal decentralization.

Table of Contents

Boxes	viii
Figures	x
Tables	xii
Appendices	xvi
Foreword	xvii
Preface	xix
Acknowledgments	xxi
Abbreviations and Acronyms	xxiii
Introduction
Hungary's Macroeconomic and Subnational Context	3	(12)
Mihaly Kopanyi
Deborah Wetzel
PART 1: THE SUBNATIONAL SYSTEM
Modernizing the Subnational Government System	15	(64)
Mihaly Kopanyi
Samir El Daher
Deborah Wetzel
Michel Noel
Anita Papp
PART 2: ISSUES OF SUBNATIONAL DEVELOPMENT
Modernizing the Intergovernmental Finance System
Local Government Size, Structures, and Competencies in the European Context	79	(14)
Kenneth Davey
The Legal and Regulatory Framework of Fiscal Decentralization	93	(20)
Ilona Palne-Kovacs
Allocation of Local Government Functions: Criteria and Conditions	113	(22)
Zoltan Hermann
Tamas M. Horvath
Gabor Peteri
Gabor Ungvari
Local Government Finance: General Issues	135	(12)
Kenneth Davey
Gabor Peteri
Intergovernmental Finance: Summary and Evaluation	147	(36)
William F. Fox
Intergovernmental Transfers in Budapest	183	(20)
Jozsef Hegedus
Gabor Balas
Transfers: Policy Options	203	(12)
Kenneth Davey
Gabor Peteri
Local Taxation: Options for Reform	215	(12)
Kenneth Davey
Gabor Peteri
Local Revenues in Selected Municipalities	227	(14)
Hernando Garzon
Value-based Property Taxation: Options for Hungary	241	(18)
Akos Szalai
Almos Tassonyi
Value-based Property Taxation: A Policy and Impact Analysis	259	(24)
Gabor Balas
Robert Kovacs
Local Management-Structural Adjustment and Future Challenges
Delivering Municipal Services	283	(18)
Kenneth Davey
Contracting Out Municipal Services: Transparency, Procurement, and Price-setting Issues	301	(22)
Kenneth K. Baar
Off-budget Revenues and Expenditures: A Challenge to Subnational Finances	323	(14)
Jozsef Hegedus
Municipal Enterprises in Hungary	337	(24)
Mihaly Kopanyi
Zsofia Hertelendy
Strengthening Local Management Capacity: Institutional Development in Transition	361	(20)
Gabor Peteri
Asset Management in Secondary Cities	381	(24)
Zsuzsa Kasso
Piroska Pergerne-Szabo
Emergence of Strategic Planning in the 1990s: The Case of Budapest	405	(14)
Katalin Pallai
Regulation of Urban Land Development	419	(14)
Gabor Lacsmandi
Kenneth K. Baar
Municipal Treasury	433	(22)
Izabella Barati
Gabor Peteri
Financial Management Reform in Budapest	455	(16)
Katalin Pallai
Municipal Budget Reform in Szentes	471	(14)
Ritu Nayar-Stone
Andrea Tonko
Managing Household Arrears in Utility Services: Social Policy Challenges and Responses	485	(18)
Katalin Tausz
Financing and Regulating District Heating	503	(24)
Kenneth K. Baar
Developing a Competitive Subnational Finance System
Credit Markets and the Role of Specialized Intermediaries in Local Infrastructure Finance	527	(20)
Samir El Daher
Municipal Infrastructure Financing Cases	547	(24)
Charles Jokay
Judit Kalman
Mihaly Kopanyi
The Prospects for Municipal Revenue Bonds	571	(22)
Matyas Makay
Municipal Bankruptcy Framework and Debt Management Experiences 1996-2000	593	(24)
Charles Jokay
Gabor Szepesi
Gyorgy Szmetana
Index	617