Building Local Fiscal Autonomy in the Republic of Macedonia (1991-2011)

Abstract

This paper aims to provide a historical account, as well as a
critical analysis of the stages of fiscal relations between central and
local government in the period 1991 - 2011. The paper will focus in
particular on the current stage of development of local selfgovernment. This stage is characterized by strong and autonomous
budgets, a wide range of its proper funding resources, an access to the
capital markets and a transparent system of fiscal transfers.