Transformation of the Local Government and Debt
Consolidation Cover Image

Az önkormányzati rendszer átalakításának okai és az adósságkonszolidáció
Transformation of the Local Government and Debt Consolidation

Author(s): Szilárd Hegedűs, Péter Novoszáth
Subject(s): Social Sciences, Economy, Geography, Regional studies
Published by: Központi Statisztikai Hivatal
Keywords: debt consolidation; local government system; regional development; urban development

Summary/Abstract: In the early 1990s, the Hungarian local government system has built on the most modern characteristics of the era, but with the continuous change of the model, it was increasingly drifting to the edge of ineffectiveness. The purpose of this study is to introduce the changes in the localgovernment system since 2011 along with the typical difficulties of the management. The main causes of indebtedness as well as the realised debt consolidation and its effects on the functioning of local governments are also presented.

  • Issue Year: 58/2018
  • Issue No: 06
  • Page Range: 595-609
  • Page Count: 15
  • Language: Hungarian