Medve-Bálint, Gergő and Bohle, Dorothee (2016) Local Government Debt and EU Funds in the Eastern Member States: The Cases of Hungary and Poland. MAXCAP Working Paper Series (33). Freie Universität Berlin, Berlin.
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Abstract
This paper investigates whether local debt in East Central Europe (ECE) is associated with the local government’s participation in EU-funded projects. Drawing on data from Hungary and Poland, we find that in both countries the level of local government indebtedness is positively related to the local government’s performance in securing EU funds. In other words, being successful at attaining EU-funded projects leads to higher levels of local debt, other things being equal. This may undermine local finances and increase the financial vulnerability and dependence of local governments. The empirical evidence put forward in this paper is therefore in stark contrast with one of the main ambitions of the EU’s Cohesion Policy, which is to empower the local level relative to the central state.
| Item Type: | Book |
|---|---|
| Subjects: | J Political Science / politológia > JA Political science (General) / politológia általában |
| SWORD Depositor: | MTMT SWORD |
| Depositing User: | MTMT SWORD |
| Date Deposited: | 23 Jan 2018 18:05 |
| Last Modified: | 23 Jan 2018 18:05 |
| URI: | http://real.mtak.hu/id/eprint/73214 |
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