Fiscal Federalism in Theory and Practice
Books, September 10, 1997
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- Fiscal Federalism in Theory and Practice
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Bibliographic details
- Published: September 10, 1997
- Series: Books
- DOI: https://doi.org/10.5089/9781557756633.071
Overview
- 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.
Major Themes and Analytical Focus
- Decentralization of spending responsibilities to state and local governments.
- Decentralization of revenue-raising responsibilities (noted as occurring to a lesser extent than spending devolution).
- Theoretical assessment of decentralization benefits and trade-offs.
- Empirical examination of country experiences to test theoretical propositions.
Subjects and Keywords (as listed)
- Budget planning and preparation
- Expenditure
- Income and capital gains taxes
- Public financial management (PFM)
- Revenue administration
- Subnational tax
- Tax administration core functions
- Taxes
- Keywords / geographic tags: Africa, Caribbean, Eastern Europe, Europe, Global, North America, levels of government, local government, national government, central government, recipient government, country, BOOK, government, Subnational tax, tax administration
Contextual Notes
- The IMF eLibrary is noted to offer over 25,000 IMF publications in multiple formats.
- The volume compiles papers that combine theoretical considerations with cross-country experience to assess decentralization’s implications for equity and macroeconomic management.
Fiscal Federalism in Theory and Practice. International Monetary Fund. September 10, 1997. DOI: https://doi.org/10.5089/9781557756633.071 ISBN: 9781557756633.