This paper analyses the problem of sub-national revenue mobilization in Peru and proposes several policy reforms to improve collection performance while maintaining a sound revenue structure. We analyze the current revenues of regional and municipal governments and identify the main priorities...

This paper analyzes the problem of sub-national revenue mobilization in Peru and proposes several policy reforms to improve collection performance while maintaining a sound revenue structure. In particular, the paper analyzes the current revenues of regional and municipal governments and...

Equalization transfers are a common and noteworthy feature of fiscal decentralization systems around the world, especially in developing countries. However, the way in which they are designed and implemented is not clearly rooted in mainstream public finance theory. In this paper we develop a...