Fiscal Federalism

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Economic Survey of Denmark 2008: Keeping with the targets of the fiscal strategy

19-Feb-2008

In August 2007, the Danish government presented its new medium-term fiscal framework: the 2015 Strategy. It is remarkable for holding up fiscal sustainability as an overarching objective for budgeting and government policies. Nevertheless, clearer mechanisms are needed to prevent spending overruns in regional and local authorities, this report argues.




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