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Summary of Designing Sound Fiscal Relations Across Government Levels in Decentralized Countries by Robin Boadway PDF

This paper discusses how decentralized countries can achieve sound fiscal relations between the central government and lower government levels. The concepts of “vertical gap” and “vertical balance” provide an analytical framework for identifying and addressing key challenges. These concepts can help policymakers ensure that the financing of subnational governments (composed of transfers received from the center, own revenues, and borrowing) is both efficient and adequate given the allocation of spending responsibilities. More generally, the paper offers some perspectives about the optimal design of decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of transfers, and borrowing.

Designing Sound Fiscal Relations Across Government Levels in Decentralized Countries

Detail About Designing Sound Fiscal Relations Across Government Levels in Decentralized Countries PDF

  • Author : Robin Boadway
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Total Pages : 44 pages
  • ISBN : 1484390709
  • PDF File Size : 19,7 Mb
  • Language : English
  • Rating : 4/5 from 21 reviews

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Fiscal fragmentation in decentralized countries

Fiscal fragmentation in decentralized countries
  • Publisher : Edward Elgar Publishing
  • File Size : 32,7 Mb
  • Release Date : 14 May 2014
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Most countries, developed and developing, are fiscally decentralized with regional and local governments of varying importance. In many of these countries, some of these sub-national governments differ substantially from others

Intergovernmental Fiscal Relations

Intergovernmental Fiscal Relations
  • Publisher : Springer
  • File Size : 47,7 Mb
  • Release Date : 14 August 2014
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This book examines and analyzes issues related to public finance in subnational governments, along with a discussion of case studies on decentralization. Most of the analysis applies to all public

Making Fiscal Decentralization Work

Making Fiscal Decentralization Work
  • Publisher : International Monetary Fund
  • File Size : 53,6 Mb
  • Release Date : 01 June 2010
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The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided

Fiscal Decentralization in Developing Countries

Fiscal Decentralization in Developing Countries
  • Publisher : Cambridge University Press
  • File Size : 51,8 Mb
  • Release Date : 18 May 1998
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There appears to be an increasing trend in worldwide fiscal decentralization. In particular, many developing countries are turning to various forms of fiscal decentralization as an escape from inefficient and