Description |
1 online resource (245 pages) : illustrations |
Series |
Development Centre seminars |
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Development Centre seminars.
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Contents |
The Changing Role of the State in the Economy / Vito Tanzi -- Fiscal Federalism and Macroeconomic Governance: for Better or for Worse? / Anwar Shah -- Decentralisation and Macroeconomic Management / Teresa Ter-Minassian -- Fiscal Federalism in OECD Member Countries / Jon Blondal -- Strengthening Municipal Financing: Difficulties and New Challenges for Latin America / Gabriel Aghón and Carlos Casas / Rakesh Mohan Relations in Latin America / Ernesto Rezk -- Decentralisation, Intergovernmental Fiscal Relations and Macroeconomic Governance: the Case of Argentina / Ricardo López Murphy and Cynthia Moskovits -- Fiscal Federalism and Macroeconomic Stability in Brazil: Background and Perspectives / Luiz R. de -- Conditional Transfers to Promote Local Government Participation: the Case of Mexico / Rafael Gamboa -- Fiscal Decentralisation and Macroeconomic Governance: Asian Perspectives / Kiichiro Fukasaku -- Fiscal Federalism in India: Experience and Future Directions / Parthasarathi Shome -- Transition to Fiscal Federalism: Market-Oriented Reform and Redefinition of Central-Local Relations in China / Fan Gang |
Summary |
This collection of experiences of fiscal decentralisation across a wide range of OECD-Member and non-member economies reveals lessons which are equally of relevance to both groups of countries. A major finding is that fiscal decentralisation is often confused in the latter group of countries with the removal of central-government control over subnational finances. This is a mistake; it may lead to fiscal irresponsibility on the part of local authorities, deteriorating fiscal positions at both levels, and high costs due to duplication of fiscal institutions. The book also finds that insufficient attention has been given to local revenue generation, as opposed to intergovernmental transfers. The issue of fiscal decentralisation in emerging economies is particularly important, because it arises, in part, from a desire to enhance democracy and local accountability. However, the devolution of responsibilities must take place in an atmosphere of transparency, where the local expertise exists to manage budgeting. Serious consideration must be given to revenue sourcing and effective expenditure control. Finally, local spending must match available revenues without becoming an additional strain on central government resources |
Analysis |
Finance Budget |
Bibliography |
Includes bibliographical references |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Fiscal policy -- Latin America -- Congresses
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Intergovernmental fiscal relations -- Latin America -- Congresses
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Decentralization in government -- Latin America -- Congresses
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Decentralization in government.
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Fiscal policy.
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Intergovernmental fiscal relations.
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Finanzwirtschaft
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Föderalismus
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Finanzausgleich
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Internationaler Vergleich
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Decentralisatie.
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Belastingpolitiek.
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FISCAL POLICY.
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LOCAL GOVERNMENT.
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DEVELOPING COUNTRIES.
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NEWLY INDUSTRIALIZED COUNTRIES.
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Latin America.
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Brasília <1997>
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Genre/Form |
Conference papers and proceedings.
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Brasília (1997)
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Form |
Electronic book
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Author |
Fukasaku, Kiichiro
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Mello, Luiz R. de
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Organisation for Economic Co-operation and Development. Development Centre
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ISBN |
9789264172821 |
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9264172823 |
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