Whereas the active role of the state in steering financialization is consensual in advanced
economies, the financialization of emerging market economies is usually examined through …

Previous research has found that there is no uniform budget constraint for local
governments: politically favoured local governments receive additional funds and are …

This paper looks at the adoption of e-government technologies from a citizen-centric, value-
based point-of-view. We analyse e-government technology adoption and value creation on …

Fiscal decentralisation introduces the risk that subnational governments may act in a fiscally
irresponsible manner in the belief that a higher tier of government will bail them out if they …

The study examines the task performance and the financial management by Hungarian
municipalities in two dimensions between 2011 and 2021. On the one hand, the revenues …

The 2019 local election in Hungary accelerated the trend of centralization, marked by a
simultaneous reduction in available local funds and an increase in discretionary transfers to …

Fiscal independence affects the revenue and expenditure patterns of a local government
which in turn affects economic growth and can reduce poverty and unemployment. This …

Hungary's utility sector, encompassing district heating, water services, waste management,
and public transport, has experienced notable shifts from municipal to privatized ownership …

The article investigates the extent of political favouritism in the central financing of local
governments in Hungary between 2015 and 2018. An investigation of various transfers and …

Esnek bütçe kısıtı olduğu durumda devletin destek verdiği kurum ve kuruluşlar harcamalarını
artırma eğiliminde olabilirler. Merkezi yönetim, yerel yönetimlerdeki açığın tamamını veya bir …