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A nation’s fiscal transfer system has many facets. Usually, the central government has several objectives in transferring funds to local government . Individual local governments often have objectives that conflict with the central government and with other one another. This paper looks at the...
Persistent link: https://www.econbiz.de/10005344272
This Paper looks at the processes of trying to decentralize government since the wars stopped, and points to significant differences in the results thus far. It asks why the differences exist and what lessons can be learnt by the International community on how best to assist nations wishing to...
Persistent link: https://www.econbiz.de/10008566360
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This major Handbook addresses fiscal relations between different levels of government under the general rubric of ‘fiscal federalism’, providing a review of the latest literature as well as an invaluable guide for practitioners and policy makers seeking informed policy options. The...
Persistent link: https://www.econbiz.de/10011174595
Although oil windfalls have opened a window of opportunity for the Gulf States, at the same time they have created numerous problems. In particular, the uncertainty associated with periods of boom and bust in the oil market has made the formulation and implementation of sound fiscal policies a...
Persistent link: https://www.econbiz.de/10011175771
This insightful study examines the decentralization experiences from 15 countries in different regions of the world. All of these countries have actively attempted to decentralize, or continue to do so, and have faced obstacles serious enough to either derail or significantly delay their...
Persistent link: https://www.econbiz.de/10011177477
This paper provides a detailed description of fiscal federal relations in Australian. The keystone to those relationships is the application by the Commonwealth Grants Commission of the principle of fiscal equalisation - that each State should be able to provide the same standard of services to...
Persistent link: https://www.econbiz.de/10005077212
This Paper examines how best to integrate the assessment of recipient governments' relative needs for the funding of capital into an overall assessment of needs for grant distribution aimed at the equalisation of fiscal capacities. It is based on the assessment processes of the Commonwealth...
Persistent link: https://www.econbiz.de/10005577382
Intergovernmental equalization grants have been described as “the glue that holds a nation together.” Getting the grants system right is critical to countries as they decentralize. This paper illustrates general principles with an example based on Indonesia in 2000. A general grant should be...
Persistent link: https://www.econbiz.de/10005826465