Fiscal Federalism in Theory and Practice.

Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that the decentralization of spending responsibilities can entail substantial gains in terms...

Full description

Bibliographic Details
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Online Access:Full text available on IMF
Description
Summary:Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that the decentralization of spending responsibilities can entail substantial gains in terms of distributed equity and macroeconomic management. The papers in this volume, edited by Teresa Ter-Minassian, examine the validity of these views in light of theoretical considerations, as well as the experience of a number of countries.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (723 pages)
Format:Mode of access: Internet
Access:Electronic access restricted to authorized BRAC University faculty, staff and students