Bulletin n. 1/2013
June 2013
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Le Gand Philippe
    Crise financière et ressources des collectivités territoriales
    in Revue française d'administration publique , n. 144 ,  2012
    Financial Crisis and Local and Regional Authorities’ Resources — The financial crisis has had major repercussions for local and regional authorities, which provide 70% of public investment. It had, first of all, an impact on their resources, which have been stagnant at best, and in some cases, have decreased, for example, the Company Value Added Contribution (CVAE) and certain funds allocated by the State. Moreover, as is the case with all economic stakeholders, they must deal with the credit crisis and are therefore struggling to finance their investments. Therefore, unless a quick recovery solution is found, local and regional authorities will have no choice other than to postpone or even cancel some of their investments. Alternatively, they could use their fiscal leverage and increase the taxes over which they still exercise control.
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