Intergovernmental Transfers in Federations (Studies in Fiscal Federalism and State-local Finance series) - Hardcover

Hardcover

ISBN 10: 1789900840 ISBN 13: 9781789900842

Publisher: Edward Elgar Publishing Ltd, 2020

Synopsis

In a multi-level government system institutional legacy and the assignment of roles and responsibilities between the federal and the subnational governments create imbalances. These imbalances in economic terms are a result of a mismatch between revenue-raising capacity and the spending responsibilities of the different levels of the government.

Intergovernmental Transfers in Federations presents a synthesis of recent international experience of large federations in addressing the most fundamental issues of horizontal and vertical imbalances through the prism of intergovernmental transfers. It compares mature federal systems and the maturing federations of the world. Contributors delve into the various aspects of policymaking as well as policy choices in selecting an efficiency path for a meaningful fiscal devolution aimed at integrating performance and incentives to reach an expenditure mix that facilitates better service delivery. Chapters include empirical, theoretical and methodological contributions as well as case studies that illustrate important policy or methodological lessons for future work.

This collection is essential reading for researchers, practitioners, policy makers and students wishing to understand the choices made by different countries in response to the overarching principles of needs, equity and efficiency for sharing of resources.

About this title

About the Author

Edited by Serdar Yilmaz, Practice Manager, Public Finance and Procurement, Global Governance Practice, The World Bank, USA and Adjunct Faculty, Marmara University, Istanbul, Türkiye and Farah Zahir, Senior Economist, Governance Global Practice, The World Bank

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2020
• Language: English
• ISBN 10: 1789900840
• ISBN 13: 9781789900842
• Binding: Hardcover
• Number of pages: 384
• Editor: Yilmaz Serdar, Zahir Farah