Investimento público no Brasil é mais municipal que federal por José R. Afonso e Gabriel G. Junqueira publicado na Revista de Administração Municipal (12/2009). “…Constata-se que a esfera local é a que mais investe, marcando o caráter nitidamente descentralizado desse tipo de despesa no Brasil. Essa constatação coloca as administrações municipais no centro do debate sobre o padrão de execução mais adequado para uma política fiscal anticíclica.”
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