Public finances in Southeast Europe (SEE) are highly vulnerable to corruption and state capture. The third SEE Good Governance Report underscores the detrimental consequences of discriminatory and biased fiscal transfers from central to local governments. Fiscal decentralization remains a challenge in SEE countries, with local governments heavily reliant on central government transfers, often exceeding their own tax revenue collection. This dependency hampers their ability to effectively manage their finances and respond to local needs.
The impact of the cumulative distortions created by the misallocation of public finances goes beyond the national borders. Since the European Union is a major financial donor to these countries, their domestic policies and the way they procure services and assets at local level have an impact on whether and to what extent EU aid is effective in promoting balanced economic development. Typically, it is the same state capture cliques that exploit both intranational and EU transfers for the benefit of special interests. To address these challenges, public authorities should collaborate with civil society to establish regular risk monitoring and evidence-gathering for informed prevention policies.
Today, on International Whistleblowers Day, the Southeast Europe Leadership for Development and Integrity (SELDI) Network acknowledges the invaluable contributions...
The current report, prepared by the Southeast European Leadership for Development and Integrity (SELDI) — the largest indigenous good governance...
August 26, 2016
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Read More
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.