Making the Whole Greater than the Sum the Parts : A Review of Fiscal Decentralization in Vietnam
This report provides a review of fiscal decentralization policies in Vietnam and their impact on the Government’s development objectives. It aims to inform reform of central-local fiscal relations in Vietnam to further promote growth and poverty re...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Hanoi
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26012480/making-whole-greater-sum-parts-review-fiscal-decentralization-vietnam-vol-2 http://hdl.handle.net/10986/23951 |
| Summary: | This report provides a review of fiscal
decentralization policies in Vietnam and their impact on the
Government’s development objectives. It aims to inform
reform of central-local fiscal relations in Vietnam to
further promote growth and poverty reduction. The State
Budget Law 2002 (SBL 2002) has enabled decentralization of
important fiscal responsibilities to local authorities over
the past ten years. This report responds to demands for more
analysis of fiscal decentralization policies in Vietnam and
the extent to which these have delivered on their stability,
equity and efficiency objectives. It aims to inform future
changes to the system of intergovernmental fiscal relations
through revisions to the SBL 2002 and adoption of 2016-2020
Stability Period regulations. This report builds on existing
research and aims to provide new analysis and perspectives
on the above areas through extensive study of available
data, consultations with central and local authorities, and
reviews of laws, regulations and policies at central and
local levels. It covers the following five pillars of fiscal
decentralization: (i) expenditure decentralization and
accountability; (ii) expenditure performance of local
authorities; (iii) local revenue arrangements; (iv)
intergovernmental fiscal transfers; and (v) local borrowing. |
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