NDLI: Intergovernmental co-ordination of fiscal policy in Switzerland

Content Provider	OECD iLibrary
Author	Locher, Fabienne Marti Mischler, Peter Weber, Werner
Abstract	This chapter describes fiscal co-operation institutions in Switzerland, which go beyond traditional vertical top-down co-ordination. Switzerland is an example of intergovernmental co-ordination of fiscal policy in a highly decentralised country. The country is characterised by a highly fragmented structure of sub-national entities. The cantons (state level) have significant policy, organisational and financial autonomy. Due to the fragmented structure and considerable autonomy, vertical co-operation between the federal and cantonal levels as well as between the cantonal and municipal levels is indispensable. This co-operation is based on the following elements: independent financing of cantonal tasks, fiscal equalisation between financially strong and weak cantons, as well as fiscal assistance between the federal and cantonal levels. In this respect, the role of vertical co-ordination of stabilisation policy and particularly of debt policy is limited. Horizontal co-operation is based mainly on inter-cantonal agreements and conferences.
Page Count	18
Starting Page	199
Ending Page	216
Language	English
Publisher	OECD Publishing
Publisher Date	2015-11-18
Access Restriction	Open
Subject Keyword	Governance Economics
Content Type	Text
Resource Type	Chapter

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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Intergovernmental co-ordination of fiscal policy in Switzerland