Search Results for: IMFG Paper

IMFG Paper | 2012

You Get What You Pay For: How Nordic Cities Are Financed

The Nordic countries are small, unitary, and have largely homogeneous populations. Municipalities are the most important agents in the decentralized public sector. There are lessons to be learned from country to country in the field of local government financing, but comparisons need to be made with care.
Find out more »
IMFG Paper | 2012

Property Tax Reform in Vietnam: A Work in Progress

In 2012, Vietnam will celebrate 25 years of economic reform and structural readjustment from a largely centralized, subsidized economy to one based on market principles. This paper reviews existing property-based taxes and outlines the potential for a land tax to effectively replace the current property tax.
Find out more »
IMFG Paper | 2011

Are There Trends in Local Finance?

There is little evidence of regional, let alone worldwide, trends in local finances. In analyzing and comparing country experiences, it is important to be clear about the different (implicit or explicit) normative models to be found in the literature and exemplified in practice in different countries.
Find out more »
IMFG Paper | 2011

The Property Tax–in Theory and Practice

The property tax is considered to be a good tax for local governments, yet property tax revenues rarely account for more than 3 percent of Gross Domestic Product (GDP) in any country. This paper explains why the property tax is under-used by highlighting some of the problems with the tax.
Find out more »
IMFG Paper | 2011

Financing Large Cities and Metropolitan Areas

This paper explores the financing of services and infrastructure in large cities and metropolitan areas. Do large cities spend more than smaller cities? Do larger cities have greater fiscal capacity? Are large cities treated differently from other cities? What are the appropriate revenue sources for large cities?
Find out more »
IMFG Paper | 2011

Revenue Diversification in Large U.S. Cities

Using a panel of data on the financing of the United States’ largest central cities from 1997 to 2008, the empirical results of this paper provide strong support for the hypothesis that a more diversified revenue structure generates more revenues than one that relies primarily on the property tax.
Find out more »
Search Within Results
Recent News
Follow Us on Twitter
Join Our Mailing List
* indicates required