On the Implementation of Transfers to Subnational Governments

Author/Editor:

Bob Searle ; Ehtisham Ahmad

Publication Date:

June 1, 2005

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines a typology of grants that are used across the world, and places these in the context of the overall constitutional and legal framework for a country. It looks at the options for grants, given the need to maintain overall macroeconomic stability, efficiency in the use of scarce resources as well as reduced horizontal disparities. The role of central objectives in a decentralized framework is also assessed. The paper argues for a comprehensive framework for grants, as well as a proper institutional framework to manage grants systems.

Series:

Working Paper No. 05/130

Subject:

English

Publication Date:

June 1, 2005

ISBN/ISSN:

9781451861495/1018-5941

Stock No:

WPIEA2005130

Format:

Paper

Pages:

26

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