Search Results for: Governance

IMFG Paper | 2018

Returning to the Golden Rule of Balanced Budgets

In the aftermath of the 2008 financial crisis, both politicians and public finance economists focused their attention on ways to control public budget deficits and debt. Around the world, detailed and precise regulations affected how governments could deal with public deficit and debt.
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IMFG Paper | 2018

The Public Finance Challenges of Fracking for Local Governments in the United States

Fracking has revolutionized international oil and gas markets practically overnight, but its impact on local public finance and governance have largely been overlooked. While operating under federal and state constraints, the key ongoing policy question is whether and to what extent local governments can – and should – have the power to manage the industry’s effects on their communities.
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