지방재정의 건전성 강화를 위한 법제개선방안

A Study on Legislative Reform for Improving Soundness of Local Finance in Korea

This paper focus the alternatives of legislative reform for improving soundness of local finance in korea. Opening the era of local autonomy, many changes in local finance are made in various fields. Expenditures in local finance are increasing rapidly. Publishing municipal bond has been increased. Also, the estimation of social expenditures has grown rapidly. In recent years, an ongoing debate about local finance strongly emphasized the soundness of local finance. Thus, this paper provides empirical analysis and suggests appropriate legislative reform for local government's fiscal health. To achieve the purpose of this research, The legislative reform related sovereignty of taxation and management system for local finance have to be improved first.