commission on fiscal imbalance 合集

Wwwinforegioorg domenicantonio fausto e federico pica

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Unformatted text preview: is deemed to work because of the power of incentives. 7. CONCLUSIONS The process of decentralisation is under way and it has already deeply changed the nature of Italian governance structure. Regions have now higher competencies and financial autonomy and much higher responsibility for policy design, evaluation of investment opportunities and risks, monitoring expenditure management and enhancing efficiency of service provision. Institutional fragmentation is still very high, 58% of municipalities have less than 3,000 inhabitants and the provision of high quality services will require enhanced management and technical capacities but, above all, cooperation among institutional levels. The economic and structural gap which characterizes the territorial differences between the centre-north and the south need to be reduced in order to allow for decentralisation and fiscal federalism to produce the expected benefits and minimize the undesired costs. Intergovernmental arrangements and equalisation mechanism are not fully designed yet and they do not respond to a clearly defined model of federalism. Though southern regions have the same demand for higher decision-making power on expenditure and higher fiscal autonomy they cannot compete yet on a level-playing field with northern regions. A model stressing horizontal federalism and geographic competition may delay or reduce the chance of Mezzogiorno to fill the gap with Europe. However an incentive-based system where cooperation and competition among levels of government are carefully mixed and public investment policies properly targeted and where an equalisation mechanism counterbalances lower fiscal capacity may create the proper conditions for the Mezzogiorno to improve accountability vis-à-vis its constituencies, public administration efficiency and enhance the quality of service provision. 261 Commission on Fiscal Imbalance REFERENCES Iolanda Anselmo, Laura Raimondo, The performance reserve in Italy; an instrument to reinforce the effectiveness of the programme and the quality of evaluation, Fourth European Conference on Evaluation of the Structural Funds, 18-19 September 2000, Giampaolo Arachi and Alberto Zanardi, La riforma del finanziamento delle regioni italiane: problemi e proposte, Economia Pubblica n.1, 2000, Franco Angeli Editor Fabrizio Balassone, Daniele Franco, Fiscal federalism and the Stability and Growth Pact: a difficult union, The Journal of Public Finance and Public choice 1999,2/3 Fabrizio Barca "Una politica per la competitività territoriale: spunti teorici e disegno istituzionale" paper presented at the Annual Conference of the Italian Economists’ Society (SIE), Cagliari October 26-28, 2000 Enrico Buglione, La riforma della finanza regionale negli anni ’90:un’operazione di facciata?, Temi di Finanza Pubblica edited by Antimo Verde, Cacucci Editore, Bari, 2001 Enrico Buglione, Il termometro del decentramento, “Il sole 24ore”, 8/20/2001 European Commission , Directorate General for Regional Policy and Cohesion –“Implementation of the performance reserve for objective 1,2 and 3” –, 2000,Working document 4, (cfr. www.i...
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