Fiscal Decentralization and Local Budget Deficits in Viet Nam: An Empirical Analysis

Event: ADB-ADBI Forum on Governance and Institutions: Practical Lessons on Governance and Service Delivery for Subnational Governments

Fiscal Decentralization and Local Budget Deficits in Viet Nam: An Empirical Analysis

09 August 2017

Author / Speaker:

Peter Morgan, ADB Institute - Email the author | Other materials by the author

Long Q. Trinh, Asian Development Bank Institute - Other materials by the author

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Local fiscal policies play a significant role in Viet Nam’s growth and development as a result of the budget law promulgated in 2002 that significantly increased the fiscal responsibilities of local authorities. To address several issues that hinder the effectiveness and efficiency of fiscal decentralization in the country, the central government should create measures that ensure fiscal accountability at the local government level.

Geographical Focus:

Viet Nam

Type of Content:

Learning Event

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