Trends in Financing Regional Expenditures in Transition Economies. The Case of Ukraine
N. Bubnova and
World Bank - Discussion Papers from World Bank
Since the collapse of the Soviet Union, real revenues at the local level in Ukraine have more than halved. This report examines how fiscal resources are distributed and how managers attempt to preserve basic services in the face of such severe fiscal conatrints. We find that -- despite the negotiated nature of some expenditure determination -- a redistributive logic underlies the budget process.
Keywords: FINANCING; UKRAINE; REGIONAL GOVERNMENT (search for similar items in EconPapers)
JEL-codes: R51 P35 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wobadi:378
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