Volume 19, Number 1

Fiscal Implications of the Local Government Code of 1991

Abstract

Through the provision of the Local Government Code, transfer of responsibilities from the national to the local level has been instituted. This paper analyzes some of the LGC provisions since these affect the country’s financial status. Simulation of fiscal repercussions is performed, the results of which are compared to status quo. The exercise illustrated in this article can be used to define the strengths and weaknesses of the new Code that will aid the smooth implementation of its provisions.

Citations

  1. Capuno, Joseph J.. 2005. The quality of local governance and development under decentralization in the Philippines. UP School of Economics Discussion Papers 200506. University of the Philippines School of Economics.
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The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd