More local governments will move away from investment-driven growth, and that will tilt officials away from supporting SOEs. China is inching back to fiscal consolidation. After years of record debts, depleted revenues, and wide deficits, the center wants local governments to ...
Greater Powers for Local Governments; (Speech Delivered at the 14th Anniversary of the Local Government Code and Launching of the Kilos Asenso Movement at the Centennial Hall of the Manila Hotel)Byline: President GLORIA MACAPAGAL ARROYOManila Bulletin...
aThe fiscal powers of local government are granted by the states, since local government has no sovereign powers of its own. By the same token, the federal limitations cm the taxing powers of the states also apply to the derived powers of the local governments. Moreover, led by the passage...
…Businesses are running from the Windy City, too. …Boeing, Caterpillar, Tyson Foods and dozens of others have all moved their headquarters out of the metropolitan area or downsized their footprint in recent years. Many local governments have promised too many giveaways (both in the short run...
Within PNG, there are 21 separate provinces and a National Capital District, which has a status similar to provincial governments. Provincial governments have their powers delegated from the National Parliament and are subordinate to the National Parliament. ...
The article presents the views of Song Xiaowu, China Society of Economic Reform's director, and Zhou Hanhua, the Chinese Academy of Social Sciences' researcher, on a proposal passed in the 12th National People's Congress that was held in March 2013 to give more power to local governments in...
If not (ii) how many laws were formulated during the first five years' period and what are their specific objectives? (iii) What laws are yet to be made to execute the 22 local-level powers? The findings of this study thus shed light on the competencies of local governments in laying ...
Provincial Governments Constitutional Powers As thehistory chapterexplains, Canada was founded in 1867 when several British colonies agreed to join together to form a single powerfulfederation. As part of the deal, all the governments of the individual colonies — which became known asprovinces— were...
Local governments in Mexico City face additional challenges than local governments in other states in Mexico because they exhibit some differences in their administrative capacity, particularly regarding budget allocation from the Mexico City Government (article 122 in the Constitución Política de los ...
The financing methods of local governments include setting up local financing platforms and PPP projects, which have gradually alleviated the misallocation between local government’s financial and administrative powers. The National Audit Office’s audit results showed that the local government debt balance...