BibTex RIS Cite

Municipal Finance in Transitional Countries

Year 2008, Volume: 8 Issue: 8, - , 01.12.2008

Abstract

This paper looks at how municipalities are financed in transitional and non-traditional economies. Transitional economies are moving from a traditional, planned or regulated economy to a free market economy. Transitional economies are also undergoing economic liberation by letting market forces set prices. These economies undergo restructuring and privatization by moving from the public to the private ownership of resources. The transition process leads to private property rights which are the basic element of a free market economy. Transitional economies are found in Asia, Central and Eastern Europe, Africa and Central and South America.

References

  • Andelson, Robert V. (Ed.) (2000), Land-Value Taxation, Around the World, Blackwell Publisher. Malden, Ma. 2000.
  • Assessment Review Board (2002b), Property Assessment in Ontario, Queens Printer for Ontario.
  • Barber, John (2005), “The time is now right for an assessment revolt”, The Globe and Mail, October 19, 2005.
  • Bird, Richard M. & Slack, Enid (2004), International Handbook of Land and Property Taxation, Edgar Elgar, Cheltenham UK, 2004.
  • Boadway, Robin W. & Kitchen, Harry, M. (1999), “Canadian Tax Policy”, Third Edition, Canadian Tax Paper, 103, The Canadian Tax Foundation, Toronto.
  • Bentick, Brian L. (1979). “The impact of Taxation and Valuation Practices on the on the Timing and Efficiency of Land Use”, The Journal of Political Economy, 87, 4 (August 1979), 859-68.
  • Bentick, Brain L. & Pogue (1988), “The impact on Development Timing and Profit Taxation”, Land Economics, 64, November 1988, 317–24.
  • Brueckner, Jan K. (1986), “A Modern Analysis of the Effects of Site Value Taxation”, The National Tax Journal, 39, 1, March 1986, 49–58.
  • Canadian Urban Institute (1999), “Building Municipal Credit Markets”, A paper prepared fro the Canada-Hungary Municipal Cooperation Program, Toronto, August 1999.
  • Canadian Urban Institute (2005), Business Competitiveness in the GTA: Why Toronto is Losing Ground, The Canadian Urban Institute, Toronto, June 2005.
  • City of Toronto (1982), Final Report of the Joint Committee on Property Tax Reform, Toronto, 1982.
  • City of Toronto (2003a), Staff Report, “Achieving an Improved Legislative Framework for Toronto”, May, 2003.
  • City of Toronto (2003b), 2003 Budget Overview-Corporate, Toronto, May, 2003.
  • City of Toronto (2005a), City Budget, 2005, <www.Toronto.ca>, March 1, 2005.
  • City of Toronto (2005b), Backgrounder, “City Council Approves a $1,033 Billion Tax Supported Capital Budget”, <www.toronto.ca>, March 1, 2005.
  • City of Toronto (2005c), Property Tax Increase Cancellation Program, Toronto, May 2005.
  • City of Toronto (2005d), 2005 Property Tax Increase Deferral Program, Toronto, May 2005.
  • City of Toronto (2005e), Get involved help Toronto improve its Business Climate, May 2005.
  • City of Toronto (2007a), David Miller, “An Open letter to Torontonians, on the city’s financial situation”.
  • Dimasi, Joseph A. (1987), “The Effects of Site Value Taxation in an Urban Area: A General Equilibrium Computational Approach”, The National Tax Journal, 40, 4, 577–590.
  • Feldman, Marshall M.A. (2004), “An Annotated Bibliography on Property Taxes, Planning and Development” Lincoln Institute of Land Policy, Working Paper, 2004.
  • Harriss, Lowell C. (1973), “Property Taxation: What’s Good and Bad”, Challenge, Sept.-Oct. 1973.
  • Heritage Foundation (2007), <www.heritage.org/reserach>, June 2007.
  • Hungarian Government (2007), <http://www.magyarorszag.hu/english/keyevents/a_vallalk/a_adopenz/a_afa20050804/a_euugylet20060627.html>, August 2007.
  • Kitchen, Harry (1969), “Alternative Methods of Taxation and Assessment”, A Report Prepared for the Task Force on Reassessment in Metropolitan Toronto, Queens Printer, Toronto, August 1969.
  • Kitchen, Harry M. & Slack, Enid (2003), Special Study: New Finance options for Municipal Governments.
  • Kitchen, Harry M. (2005), “Property Taxation in Canada”, Canadian Tax Paper, No. 92, The Canadian Tax Foundation, Queens Printer, Toronto, August-July 8, 2005.
  • Lewington, Jennifer (2005), “Mayor makes last-ditch plea to Premier”, The Globe and Mail, Toronto, February 19, 2005.
  • Mills, David E. (1981), “The Non-Neutrality of Land Value Taxation, The National Tax Journal, 34, March, 125–129.
  • Mills, Edwin S. (1998), “The Economic Consequences of a Land Tax” in: Dick Netzer, Land Value Taxation, Lincoln Institute of Land Policy, Cambridge, Massachusetts, 1998.
  • Moloney, Paul (2005), “City debt growing to $3.2B by 2010”, The Toronto Star, December 9, 2005.
  • Municipal Property Assessment Board (2002), Annual Report 2002, <www.mpac.ca>, December 12, 2002.
  • Municipal Property Assessment Board (2004a), Annual Report 2004, <www.mpac.ca>.
  • Municipal Property Assessment Board (2004b), Guide to Property Assessment in Ontario, <www.mpac.ca>.
  • Municipal Property Assessment Board (2004C), Presentation to the Liberal Caucus Service Bureau, December 8, 2004, <www.mpac.ca>.
  • Municipal Property Assessment Board (2005), Housing Prices Information, Toronto, April 27.
  • Nixon, Gary B. (2000), “Canada”, in: Anderson, Robert V., Land Taxation around the World, Blackwell Publishers, (2000), Malden, Ma, Chapter 4.
  • Perry, J. Harvey (1990), “Taxation in Canada”, Fifth Edition, The Canadian Tax Papers, No: 89, The Canadian Tax Foundation, Toronto.
  • O.E.C.D. (2002), Assessment and Recommendations, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2002), OECD Economic Survey, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2004), Economic Surveys - Hungary, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2007), e-Government Studies - Hungary, O.E.C.D. Publications, Paris, France.
  • Royston, James (2005), “A tough business for city council”, The Toronto Star, July 8.
  • Rybeck, Walter (1970), Property taxation, housing and urban growth, with attention to tax reform and assessment modernization: a Symposium, The Urban Institute, Washington, D.C, 1970.
  • Rybeck, Walter (2000), United States, In: Andelson, Chapter 9.
  • Sewell, John (2005), Local Government Bulletin, No: 59, Toronto, September.
  • Slack, Enid (2002),”Property Tax reform in Ontario: What Have We Learned?”, The Canadian Tax Journal, 50, 2, p. 576.
  • Slack, Enid (2006), “Averting A Fiscal Crisis in Toronto”, Policy Options, December.
  • Silver, Sheldon (1968), “The Feasibility of a Municipal Income Tax”, The Canadian Tax Journal, 16, No: 6, pp. 398–406.
  • Spears, John (2005), “Secret property tax system probed”, Toronto Star, October 18.
  • Stec, Izabella, Barati (2004), The Practice of Municipal infrastructure Finance in Hungary, Modelling Municipal Investment Activity, Budapest.
  • Szali, Akos & Zay, Fern & Hogye, Mihaly & Barati, Isabella & Berczik, Abel (2000), Local Government Budgeting: Hungary, Chapter 5, 333–381.
  • The Toronto Board of Trade (2004), Property Tax Policies for 2005 and Beyond, Response to the City of Toronto’s Public Consultations, August.
  • Tassonyi, Almos (2004), “Land-based taxes in Hungary” in: Bird, M. R. & Slack, Enid, “International Handbook of Property Taxation”, 219–245.
  • Tideman, T. Nicolaus (1982), “A Tax on Land Value is Neutral”, The National Tax Journal, 35, 1, 109–111.
  • Tomlinson, P. (1996), “Property Tax Reform in Ontario”, Policy Options, 1996.

Municipal Finance in Transitional Countries

Year 2008, Volume: 8 Issue: 8, - , 01.12.2008

Abstract

This paper looks at how municipalities are financed in transitional and non-traditional economies. Transitional economies are moving from a traditional, planned or regulated economy to a free market economy. Transitional economies are also undergoing economic liberation by letting market forces set prices. These economies undergo restructuring and privatization by moving from the public to the private ownership of resources. The transition process leads to private property rights which are the basic element of a free market economy. Transitional economies are found in Asia, Central and Eastern Europe, Africa and Central and South America.

References

  • Andelson, Robert V. (Ed.) (2000), Land-Value Taxation, Around the World, Blackwell Publisher. Malden, Ma. 2000.
  • Assessment Review Board (2002b), Property Assessment in Ontario, Queens Printer for Ontario.
  • Barber, John (2005), “The time is now right for an assessment revolt”, The Globe and Mail, October 19, 2005.
  • Bird, Richard M. & Slack, Enid (2004), International Handbook of Land and Property Taxation, Edgar Elgar, Cheltenham UK, 2004.
  • Boadway, Robin W. & Kitchen, Harry, M. (1999), “Canadian Tax Policy”, Third Edition, Canadian Tax Paper, 103, The Canadian Tax Foundation, Toronto.
  • Bentick, Brian L. (1979). “The impact of Taxation and Valuation Practices on the on the Timing and Efficiency of Land Use”, The Journal of Political Economy, 87, 4 (August 1979), 859-68.
  • Bentick, Brain L. & Pogue (1988), “The impact on Development Timing and Profit Taxation”, Land Economics, 64, November 1988, 317–24.
  • Brueckner, Jan K. (1986), “A Modern Analysis of the Effects of Site Value Taxation”, The National Tax Journal, 39, 1, March 1986, 49–58.
  • Canadian Urban Institute (1999), “Building Municipal Credit Markets”, A paper prepared fro the Canada-Hungary Municipal Cooperation Program, Toronto, August 1999.
  • Canadian Urban Institute (2005), Business Competitiveness in the GTA: Why Toronto is Losing Ground, The Canadian Urban Institute, Toronto, June 2005.
  • City of Toronto (1982), Final Report of the Joint Committee on Property Tax Reform, Toronto, 1982.
  • City of Toronto (2003a), Staff Report, “Achieving an Improved Legislative Framework for Toronto”, May, 2003.
  • City of Toronto (2003b), 2003 Budget Overview-Corporate, Toronto, May, 2003.
  • City of Toronto (2005a), City Budget, 2005, <www.Toronto.ca>, March 1, 2005.
  • City of Toronto (2005b), Backgrounder, “City Council Approves a $1,033 Billion Tax Supported Capital Budget”, <www.toronto.ca>, March 1, 2005.
  • City of Toronto (2005c), Property Tax Increase Cancellation Program, Toronto, May 2005.
  • City of Toronto (2005d), 2005 Property Tax Increase Deferral Program, Toronto, May 2005.
  • City of Toronto (2005e), Get involved help Toronto improve its Business Climate, May 2005.
  • City of Toronto (2007a), David Miller, “An Open letter to Torontonians, on the city’s financial situation”.
  • Dimasi, Joseph A. (1987), “The Effects of Site Value Taxation in an Urban Area: A General Equilibrium Computational Approach”, The National Tax Journal, 40, 4, 577–590.
  • Feldman, Marshall M.A. (2004), “An Annotated Bibliography on Property Taxes, Planning and Development” Lincoln Institute of Land Policy, Working Paper, 2004.
  • Harriss, Lowell C. (1973), “Property Taxation: What’s Good and Bad”, Challenge, Sept.-Oct. 1973.
  • Heritage Foundation (2007), <www.heritage.org/reserach>, June 2007.
  • Hungarian Government (2007), <http://www.magyarorszag.hu/english/keyevents/a_vallalk/a_adopenz/a_afa20050804/a_euugylet20060627.html>, August 2007.
  • Kitchen, Harry (1969), “Alternative Methods of Taxation and Assessment”, A Report Prepared for the Task Force on Reassessment in Metropolitan Toronto, Queens Printer, Toronto, August 1969.
  • Kitchen, Harry M. & Slack, Enid (2003), Special Study: New Finance options for Municipal Governments.
  • Kitchen, Harry M. (2005), “Property Taxation in Canada”, Canadian Tax Paper, No. 92, The Canadian Tax Foundation, Queens Printer, Toronto, August-July 8, 2005.
  • Lewington, Jennifer (2005), “Mayor makes last-ditch plea to Premier”, The Globe and Mail, Toronto, February 19, 2005.
  • Mills, David E. (1981), “The Non-Neutrality of Land Value Taxation, The National Tax Journal, 34, March, 125–129.
  • Mills, Edwin S. (1998), “The Economic Consequences of a Land Tax” in: Dick Netzer, Land Value Taxation, Lincoln Institute of Land Policy, Cambridge, Massachusetts, 1998.
  • Moloney, Paul (2005), “City debt growing to $3.2B by 2010”, The Toronto Star, December 9, 2005.
  • Municipal Property Assessment Board (2002), Annual Report 2002, <www.mpac.ca>, December 12, 2002.
  • Municipal Property Assessment Board (2004a), Annual Report 2004, <www.mpac.ca>.
  • Municipal Property Assessment Board (2004b), Guide to Property Assessment in Ontario, <www.mpac.ca>.
  • Municipal Property Assessment Board (2004C), Presentation to the Liberal Caucus Service Bureau, December 8, 2004, <www.mpac.ca>.
  • Municipal Property Assessment Board (2005), Housing Prices Information, Toronto, April 27.
  • Nixon, Gary B. (2000), “Canada”, in: Anderson, Robert V., Land Taxation around the World, Blackwell Publishers, (2000), Malden, Ma, Chapter 4.
  • Perry, J. Harvey (1990), “Taxation in Canada”, Fifth Edition, The Canadian Tax Papers, No: 89, The Canadian Tax Foundation, Toronto.
  • O.E.C.D. (2002), Assessment and Recommendations, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2002), OECD Economic Survey, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2004), Economic Surveys - Hungary, O.E.C.D. Publications, Paris, France.
  • O.E.C.D. (2007), e-Government Studies - Hungary, O.E.C.D. Publications, Paris, France.
  • Royston, James (2005), “A tough business for city council”, The Toronto Star, July 8.
  • Rybeck, Walter (1970), Property taxation, housing and urban growth, with attention to tax reform and assessment modernization: a Symposium, The Urban Institute, Washington, D.C, 1970.
  • Rybeck, Walter (2000), United States, In: Andelson, Chapter 9.
  • Sewell, John (2005), Local Government Bulletin, No: 59, Toronto, September.
  • Slack, Enid (2002),”Property Tax reform in Ontario: What Have We Learned?”, The Canadian Tax Journal, 50, 2, p. 576.
  • Slack, Enid (2006), “Averting A Fiscal Crisis in Toronto”, Policy Options, December.
  • Silver, Sheldon (1968), “The Feasibility of a Municipal Income Tax”, The Canadian Tax Journal, 16, No: 6, pp. 398–406.
  • Spears, John (2005), “Secret property tax system probed”, Toronto Star, October 18.
  • Stec, Izabella, Barati (2004), The Practice of Municipal infrastructure Finance in Hungary, Modelling Municipal Investment Activity, Budapest.
  • Szali, Akos & Zay, Fern & Hogye, Mihaly & Barati, Isabella & Berczik, Abel (2000), Local Government Budgeting: Hungary, Chapter 5, 333–381.
  • The Toronto Board of Trade (2004), Property Tax Policies for 2005 and Beyond, Response to the City of Toronto’s Public Consultations, August.
  • Tassonyi, Almos (2004), “Land-based taxes in Hungary” in: Bird, M. R. & Slack, Enid, “International Handbook of Property Taxation”, 219–245.
  • Tideman, T. Nicolaus (1982), “A Tax on Land Value is Neutral”, The National Tax Journal, 35, 1, 109–111.
  • Tomlinson, P. (1996), “Property Tax Reform in Ontario”, Policy Options, 1996.
There are 56 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Harvey Schwartz This is me

Publication Date December 1, 2008
Submission Date December 12, 2014
Published in Issue Year 2008 Volume: 8 Issue: 8

Cite

APA Schwartz, H. (2008). Municipal Finance in Transitional Countries. Sosyoekonomi, 8(8). https://doi.org/10.17233/se.96491
AMA Schwartz H. Municipal Finance in Transitional Countries. Sosyoekonomi. December 2008;8(8). doi:10.17233/se.96491
Chicago Schwartz, Harvey. “Municipal Finance in Transitional Countries”. Sosyoekonomi 8, no. 8 (December 2008). https://doi.org/10.17233/se.96491.
EndNote Schwartz H (December 1, 2008) Municipal Finance in Transitional Countries. Sosyoekonomi 8 8
IEEE H. Schwartz, “Municipal Finance in Transitional Countries”, Sosyoekonomi, vol. 8, no. 8, 2008, doi: 10.17233/se.96491.
ISNAD Schwartz, Harvey. “Municipal Finance in Transitional Countries”. Sosyoekonomi 8/8 (December 2008). https://doi.org/10.17233/se.96491.
JAMA Schwartz H. Municipal Finance in Transitional Countries. Sosyoekonomi. 2008;8. doi:10.17233/se.96491.
MLA Schwartz, Harvey. “Municipal Finance in Transitional Countries”. Sosyoekonomi, vol. 8, no. 8, 2008, doi:10.17233/se.96491.
Vancouver Schwartz H. Municipal Finance in Transitional Countries. Sosyoekonomi. 2008;8(8).