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Fiscal Federalism in Theory and Practice

Author/Editor: Ter-Minassian, Teresa
Published: September 10, 1997

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.
 
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Subject(s): Fiscal policy
 
English  
    Published:   September 10, 1997        
    ISBN/ISSN:   978-1-55775-663-3   Format:   Paper
    Stock No:   FFTPEA0000000   Pages:   714
    Price:   US$35.00
       
     
Please address any questions about this title to publications@imf.org.