Monitoring the Fiscal Health of Taiwan’s Local Government: Application of the 10-Point Scale of Fiscal Distress

This article presents a monitoring indicators system
that predicts whether a local government in Taiwan is heading for
fiscal distress and identifies a suitable fiscal policy that would allow
the local government to achieve fiscal balance in the long run. This
system is relevant to stockholders’ interest, simple for national audit
bodies to use, and provides an early warning of fiscal distress that
allows preventative action to be taken.

• Yuan-Hong Ho
• Chiung-Ju Huang

• Fiscal distress
• fiscal health
• monitoring signals
• 10-point scale.

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