Mouritzen P E, Narver B J, 1989, "Grant systems and vulnerability to fiscal stress: a comparative study of Danish and North American local government" Environment and Planning C: Government and Policy 7(3) 285 – 299
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Grant systems and vulnerability to fiscal stress: a comparative study of Danish and North American local government
P E Mouritzen, B J Narver
Received 12 December 1987
Abstract. The properties of a country's system of intergovernmental grants may have important effects on the vulnerability of local government to socioeconomic changes and to changes in grants from the central government. A comparison between Denmark and the United States suggests that a combination of a low degree of equalization, high reliance on general grants, and a visible structure of taxation lead to a high degree of vulnerability to fiscal stress.
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