Analysis of the effectiveness of regulation on financial health of Spanish local governments

V Pina, P Bachiller, L Ripoll - Spanish Journal of Finance and …, 2022 - Taylor & Francis
The need to reduce public sector costs and debt has resulted in the implementation of
requirements in many countries. Spain belongs to a group of countries which monitor the
financial health of their local governments, using financial indicators enforced by law, and
reporting this information periodically. The objective of this paper is to analyse whether the
introduction of the 2012 Spanish legislation regarding fiscal stability and budgetary balance
and Ministry of Finance Order 1781/2013, which develop new indicators, have led to …

Analysis of the effectiveness of regulation on financial health of Spanish local governments

VP Martínez, PB Baroja, L Ripoll - Revista española de …, 2022 - dialnet.unirioja.es
The need to reduce public sector costs and debt has resulted in the implementation of
requirements in many countries. Spain belongs to a group of countries which monitor the
financial health of their local governments, using financial indicators enforced by law, and
reporting this information periodically. The objective of this paper is to analyse whether the
introduction of the 2012 Spanish legislation regarding fiscal stability and budgetary balance
and Ministry of Finance Order 1781/2013, which develop new indicators, have led to …
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