2009-06-18–2009-06-19 - Barcelona, Faculty of Economics and Business of the … (Spain) - Institut d’Economia de Barcelona (IEB)
Decentralization of public expenditure responsibilities has spread in recent years in both developed and developing countries. However, only a part of these expenditures is funded by sub-central taxes and debt; the rest is funded by grants. Fiscal autonomy is further reduced by the fact that...