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Article
Publication date: 1 September 2019

Shanshan Dong

To improve the government's ability to regulate the economy, perfect the performance of macro-control, and promote stable and healthy economic development, according to the…

Abstract

To improve the government's ability to regulate the economy, perfect the performance of macro-control, and promote stable and healthy economic development, according to the relevant data since the reform and opening up, the deep system of investment impulsive behavior of local government in China is explored at this stage, and the idea of constructing an intergovernmental macro-control coordination mechanism is proposed. The results show that if a regional government can expand in line with the policy cycle, it can not only send a positive signal to the central government to respond to the macro-control, but also gain the upper hand in the local competition. However, if the effective demand in the region is still insufficient, the expansion plan is likely to evolve into excessive investment, and the region will face greater risks of overcapacity and local debt in the long run. Therefore, it is of great significance to study the investment behaviors of local governments in China at the present stage, analyze their characteristics and appearances, and find the causes of the investment impulse of local governments, so as to establish the macro-control coordination mechanism among Chinese governments.

Details

Open House International, vol. 44 no. 3
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 1 February 2006

Stephen Osahon Uwaifo and Anthonia Chukwudumebi Kabadi

The study aims to examine the role of information technology in Local Government Administration in Delta State, using Aniocha North and Aniocha South Local Government Areas as the…

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Abstract

Purpose

The study aims to examine the role of information technology in Local Government Administration in Delta State, using Aniocha North and Aniocha South Local Government Areas as the case study.

Design/methodology/approach

A survey approach was used to learn what was actually happening in local government practices.

Findings

IT contributes enormous value to the workings and operations of local government offices and when costs, leadership and management are indicative of such needs, it would be in the best interest of local governments to invest in such a launch.

Research limitations/implications

Economic feasibility and training and development of the human resource function would make enormous differences in the way local governments conduct their work in Delta State, Nigeria.

Practical implications

Local governments like libraries are great potential for IT applications and to build databases of information to be retained and recalled over time.

Originality/value

Applied the imperativeness of information technology practices to see how local practices could be improved for efficiency, quality control and ease of use.

Details

Library Hi Tech News, vol. 23 no. 2
Type: Research Article
ISSN: 0741-9058

Keywords

Article
Publication date: 1 March 1996

Steven D. Cooper

This study explores linkage between Alabama local governments’ lost General Revenue Sharing (GRS) and their resultant coping strategies in the years following this federal…

Abstract

This study explores linkage between Alabama local governments’ lost General Revenue Sharing (GRS) and their resultant coping strategies in the years following this federal program’s demise. Previous studies have failed consistently to relate particular coping strategies to how GRS monies were spent and to differing magnitudes of GRS loss among governmental jurisdictions. This study finds a possible linkage between Alabama local governments that cut basic governmental services and their previous GRS “dependency” and spending preferences.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 8 no. 4
Type: Research Article
ISSN: 1096-3367

Article
Publication date: 7 August 2009

Robert Mark Silverman

The purpose of this paper is to examine how executive directors of nonprofit organizations perceive local government performance in affordable housing. It builds on a larger body…

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Abstract

Purpose

The purpose of this paper is to examine how executive directors of nonprofit organizations perceive local government performance in affordable housing. It builds on a larger body of research concerning the affordable housing activities of government and community‐based nonprofit housing organizations at the local level.

Design/methodology/approach

This analysis is based on a national survey of neighborhood housing services (NHS) organizations funded by Neighborworks® America. The survey included questions about local government performance in affordable housing and perceptions of factors influencing local government funding decisions. Survey data were supplemented with information gathered from the Neighborworks® America website.

Findings

The findings of this paper indicate that NHS organizations are not completely satisfied with local government performance. Local government performance in affordable housing received lower grades than other levels of government, as well as intermediary organizations and private financial institutions. This dissatisfaction is expressed through nonprofit fields in which these organizations are embedded. These fields have witnessed declining governmental support for affordable housing and expanding influence from philanthropic organizations and the private sector.

Originality/value

This paper highlights the need for government to assume a broader and more activist role in affordable housing policy. In essence, government needs to assume a more activist stance and forge stronger partnerships with nonprofits in response to the growing influence of intermediary organizations and the private sector in nonprofit fields. This would temper some of the excesses brought on by the devolution and nonprofitization of affordable housing policy and neoliberal influences on public policy more generally.

Details

International Journal of Housing Markets and Analysis, vol. 2 no. 3
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 11 January 2024

Christine R. Martell

Inflation and federal monetary efforts to control it with interest rate hikes have very real and overwhelmingly negative consequences on US local governments following the onset…

Abstract

Purpose

Inflation and federal monetary efforts to control it with interest rate hikes have very real and overwhelmingly negative consequences on US local governments following the onset of COVID-19. This study explores the post-pandemic inflationary environment of US local governments; examines the impacts of inflation and high interest rates on local government revenue, operating costs, capital costs, and debt service; reviews local government inflation management strategies, including the use of intergovernmental revenue; and assesses ongoing threats to local government financial health and financial resilience.

Design/methodology/approach

This study uses trend and literature analysis to comment on current issues local governments face.

Findings

The study finds that the growth of property values and resulting stability of property tax revenue has been important to local government revenues; that local governments bear very real burdens as operating and capital costs increase; and that the combination of high inflation and interest rates affects local government debt issuance by negatively affecting credit quality and interest costs, leading to municipal market contraction. Local governments have benefitted tremendously from intergovernmental revenue, but would be ill-advised to rely on it.

Practical implications

Vulnerabilities owing from revenue mismatch with the economy; inadequate affordable housing, inequality, and social issues; a changing workforce and tight labor market; climate change; and federal fiscal contraction—all of which are exacerbated by high inflation and interest rates—require local governments to act strategically, boldly and collaboratively to achieve fiscal health and financial resilience, and to realize positive returns of investments in people and capital.

Originality/value

This work is unique in addressing the post-pandemic impact of inflation and interest rates on local governments.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 36 no. 2
Type: Research Article
ISSN: 1096-3367

Keywords

Open Access
Article
Publication date: 15 July 2022

Stephen Gong, Liwei Shan and Li Yu

To examine whether and how the different levels of regional economic incentives would have an effect on underwriters' market share in general.

Abstract

Purpose

To examine whether and how the different levels of regional economic incentives would have an effect on underwriters' market share in general.

Design/methodology/approach

Drawing on Chinese IPO firms during the period 2006-2016, this study examines the impact of different levels of regional economic incentives on underwriters' market share.

Findings

The authors find that regional economic incentives have a positive impact on underwriters' market share and that local economic incentives have a significantly stronger impact than central economic incentives. Furthermore, the authors find that IPO firms with underwriters driven by regional economic incentives experience worse post-IPO performance than firms with underwriters driven by central economic incentives, which do not experience a significant decline in post-IPO performance.

Originality/value

Taken together, the authors’ findings are consistent with the notion that performance assessment motivates officials at various levels of government to bring companies in their jurisdiction to the IPO market prematurely. In addition, the results indicate that central economic incentives play a significant role in driving China's macroeconomic development and market-oriented system reforms. As such, they are one of the major driving forces behind China's market-oriented system reforms.

Details

China Accounting and Finance Review, vol. 24 no. 4
Type: Research Article
ISSN: 1029-807X

Keywords

Article
Publication date: 1 September 1986

Tony Travers

The relationship between central and local government in Britain has changed rapidly since the early 1970s. Several factors have worked to produce an increasingly difficult…

Abstract

The relationship between central and local government in Britain has changed rapidly since the early 1970s. Several factors have worked to produce an increasingly difficult central‐local relationship. These include: a gradual loss of confidence in the rates; increased use of grants for different purposes; the use of local government as an economic regulator, and changes in the economic and political landscape in Britain. Since the early 1980s, the relationship has altered enormously.

Details

Aslib Proceedings, vol. 38 no. 9
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 1 March 1990

N.D. Mutizwa‐Mangiza

Rural local government is an important aspect of developmentplanning and implementation in third world nations and, for that reason,has received a lot of attention in…

Abstract

Rural local government is an important aspect of development planning and implementation in third world nations and, for that reason, has received a lot of attention in post‐colonial Africa. Tanzania′s experience is reviewed and provides important lessons for those countries currently involved in local government reforms. Such lessons concern the relationship between party and local government; the central‐local financial relationship; the popular belief that central government is capable of everything; and flexibility and openness on the part of central government policy makers.

Details

International Journal of Public Sector Management, vol. 3 no. 3
Type: Research Article
ISSN: 0951-3558

Keywords

Article
Publication date: 1 March 2005

Georgia Chondroleou, Howard Elcock, Joyce Liddle and Ioannis Oikonomopoulos

Explores comparisons between the English and Greek local government systems, in the hope of offering some fresh insights into the regeneration and management of local areas.

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Abstract

Purpose

Explores comparisons between the English and Greek local government systems, in the hope of offering some fresh insights into the regeneration and management of local areas.

Design/methodology/approach

Discusses the issue of local political leadership at a time when changes in local political management arrangements are taking place in many European countries.

Findings

The English and Greek experiments with developing local self‐government provide some reassurance and some causes for concern but, above all, they demonstrate that in, unitary states, Ministers and Civil Servants at the centre find withdrawing from interference in local affairs a very hard exercise in self‐denial.

Originality/value

Illustrates the problems facing two centralised countries struggling with varying but limited success to cope with various public management issues raised by local devolution and decentralisation.

Details

International Journal of Public Sector Management, vol. 18 no. 2
Type: Research Article
ISSN: 0951-3558

Keywords

Article
Publication date: 21 August 2007

William J. McCluskey and Igor Bevc

The purpose of this research is to show how the Slovenian government has recognised the need for local government fiscal autonomy and to enhance this has instigated the…

1801

Abstract

Purpose

The purpose of this research is to show how the Slovenian government has recognised the need for local government fiscal autonomy and to enhance this has instigated the introduction of an ad valorem property tax. Since independence in 1991 Slovenia has embarked on a path of administrative and fiscal decentralization. Local government has been subject to significant reform in terms of the creation of additional municipalities and the allocation of devolved expenditure responsibilities.

Design/methodology/approach

The paper provides an in‐depth analysis of central and local government statistics to demonstrate the potential role of the property tax in any future decentralisation of responsibilities and funding to the local level.

Findings

This study finds that in terms of both municipal revenue and expenditure there remains a high degree of centralised control by the state. On the positive side with the introduction of the new property tax there is an expectation for greater local fiscal autonomy, however, on the negative side progess towards the introduction of the new tax has been extremely slow. The study concludes that while the proposals are likely to provide for a more stable and uniform local tax, there appears to be lethargy in implementing the property tax.

Originality/value

It is argued in this paper that accession to the EU has created pressures for Slovenia to adopt a financing model which gives greater fiscal autonomy to local government. Currently, the high level of centralization is seen as a barrier to greater devolution of powers which in turn has a negative effect on the introduction of the new property tax.

Details

Property Management, vol. 25 no. 4
Type: Research Article
ISSN: 0263-7472

Keywords

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