Korean Local Finance

저자 : B. Shine Cho, Hyungjo Hur, Jaewon Lee, The Korean Association for Loca ㅣ 출판사 : 윤성사 ㅣ

2023.12.06 ㅣ 184p ㅣ ISBN-13 : 9791193058176

[목 차]

Chapter 1 Introduction

Section 1 Significance of Local Finance

1. Significance of Local Finance

2. Local Finance-related Laws

3. The New Normal Transition and Changing Environment

Section 2 Size and Composition of Local Finance

1. National Finance and Local Finance

2. Local Government Revenue

3. Local Government Expenditure

Section 3 Key Fiscal Indicators for Local Finance

1. Significance of Key Indicators in Local Finance

2. Fiscal Independence Index and Fiscal Autonomy Index

3. Fiscal Capacity Index

Chapter 2 Local Revenue and Own-Source

Section 1 The System and Status of Local Taxes

1. Significance of Local Taxes

2. System and Classification of Local Taxes

3. Size and Regional Distribution of Local Taxes

Section 2 Issues and Policy Challenges of Local Taxation

1. Structure of National Tax-Local Tax Revenue Share

2. Tax Price Principle and Taxation Sovereignty

3. Local Tax Non-Local Resources

Section 3 Local Non-Tax Revenue

1. Significance of Local Non-Tax Revenue

2. Categories of Local Non-Tax Revenue

3. Current Status of Local Non-Tax Revenue

Chapter 3 Local Revenue and Dependent Financial Resources

Section 1 Local Share Tax

1. The Purpose of the Local Share Tax

2. Composition and Funding of the Local Share Tax

3. General Share Tax and Adjustments

4. Policy Goals of Local Share Tax System

Section 2 Adjustment Grant and Regional Coexistent Development Fund

1. City & County Adjustment Grant

2. Autonomous District Adjustment Grants

3. Regional Coexistent Development Fund

4. Policy Goals of AG & RCDF

Section 3 Subsidy

1. The Purpose of Subsidy

2. National Subsidy Trends

3. The Rates of Subsidies in National Subsidy Projects

4. Balanced Regional Development Special Account

5. Policy Agenda in the Subsidy System

Chapter 4 Local Bond

Section 1 Definition and Types of Local Bonds

1. Definition of Local Bonds

2. Types of Local Bonds based on the Purposes

3. Types of Local Bonds with Bond Issuance Method

Section 2 Local Bond Management System

1. Management of Local Bonds by MOIS

2. Local Bond Management by Local Governments

Section 3 Future Tasks for Local Bond Management

1. Enhancing the Utilization Strategies of Local Bonds

2. Adoption of Specialized Techniques for Management

3. Governmental Support by the Central Government

4. Establishment of a Specialized Network

Chapter 5 Local Fiscal Management System

Section 1 The Purpose of a Fiscal Management System

1. Budget Management Process of Local Governments

2. Decentralization and Local Fiscal Management

Section 2 Pre-Budget System

1. The Mid-term Local Finance Plan

2. Feasibility Study and Local Financial Impact Assessment

3. Local Finance Investment Review

Section 3 Post-Fiscal Management

1. Local Finance Analysis System

2. Financial Crisis Management

Section 4 Subsidy and Local Fiscal Management

1. Political Economy of Subsidies

2. Management of National Subsidies by MOIS

3. Evaluation of Subsidy Project System

Chapter 6 Local Public Enterprises

Section 1 The Meaning of Local Public Enterprises

1. Significance of Local Public Enterprises

2. Types and Businesses of Local Public Enterprises

Section 2 Financial Situations of Local Public Enterprises

1. Financial Scale of Local Public Enterprises

2. Financial Soundness of the Local Public Enterprises

3. Political Economy of Debt and Public Fees

Section 3 Management of Local Public Enterprises

1. Local Public Enterprises Management Evaluation

2. Management Innovation Issues

Chapter 7 Value Budgeting and Financial Management

Section 1 Participatory Budgeting

1. Significance of Participatory Budgeting

2. Introduction of Participatory Budgeting

3. Issues of Participatory Budgeting

Section 2 Local Government Gender Budget System

1. Significance of the Gender Budget System

2. Main Contents of the Gender Budget Statement

3. Issues of the Gender Budget System

Section 3 Local Grant Budget Management

1. Significance of Local Grant

2. Local Grant Budget and Management

3. Issues in Managing the Local Grant Budget

Chapter 8 Social Welfare and Local Finance

Section 1 Welfare Decentralization and Local Finance

1. Local Finance and Social Welfare Expenditure

2. Local Finance as the Main P--layer in Welfare Policy

3. Welfare Decentralization and Local Finance

Section 2 Issues of Local Social Welfare Expenditure

1. Status of Welfare Expenditure in Local Finance

2. Issues in and Inter-Governmental Welfare Finance

Section 3 Reform Tasks for Welfare Finance

1. Guaranteeing Local General Revenue

2. Reorganization of the Standard Subsidy Rate

3. Establishment of the Next-Generation System

Chapter 9 Fiscal Decentralization and Intergovernmental Relations

Section 1 Significance of Fiscal Decentralization

1. Meaning of Decentralization and Fiscal Decentralization

2. Three Theoris about Fiscal Decentralization

3. Own-Sourcism and General Resourcism

4. History of Fiscal Decentralization

Section 2 Decentralization Share Tax

1. Significance of the Decentralization Share Tax System

2. Funding and Allocation Method for DST

3. Key Issues Regarding the DST

Section 3 Balanced Regional Development Special Account(BRD-SA)

1. Significance of the BRD-SA

2. Operational Framework

3. Implications of the BRD-SA and Fiscal Decentralization

Section 4 The Transfer of National Tax to Local Tax

1. The Moon Jae-in Administration’s Decentralization Initiative

2. Two-Stage Fiscal Decentralization

3. Characteristics and Policy Implications