Government weakness and local public debt development in Flemish municipalities
(2005)
Journal Article
Ashworth, J., Geys, B., & Heyndels, B. (2005). Government weakness and local public debt development in Flemish municipalities. International Tax and Public Finance, 12(4), 395-422. https://doi.org/10.1007/s10797-005-2317-3
The Weak Government Hypothesis states that government fragmentation leads to higher public deficits and debt. This relation can be explained by government inaction, common pool problems or the strategic use of debt that arise in coalition governments... Read More about Government weakness and local public debt development in Flemish municipalities.