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  Home > Diane Publishing Books >

Effect of Decentralization Strategy on Macroeconomic Stability in Thailand
Effect of Decentralization Strategy on Macroeconomic Stability in Thailand
 
Our Price: $20.00
Year: 2002
Pages: 41
Binding Paperback

Product Code: 0756735327

Description
 
Kanokpan Lao-Araya. Examines how the Thai central govít. (TCG) can finance decentralization & make local govíts. (LG) accountable for their own finances. The TCG medium-term fiscal stance is not conducive to planned fiscal decentralization, & LG will not  assume responsibility for providing public services previously provided by the TCG. This study proposes that the TCG must  increase the value added tax rate over. Thailand has adopted an unbalanced approach to fiscal decentín. LG are guaranteed rev. from transfers from the CG but need not assume increased responíy. for providing public serv. This encourages LG to spend irresponsibly in expectation of bailouts by the TCG. This study recommends that the TCG impose budget constraints on LG.

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