Sub‑central Governments and the Economic Crisis: Impact and Policy Responses
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The world is recovering from the worst crisis since the Great Depression, leaving a strong and lasting impact on Member countries’ public finances. This paper analyses how sub-central governments (SCG) are affected and how fiscal policy has reacted in the first months after the outbreak of the crisis. In general and in line with earlier downturns,...



