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Macro Policy Lessons for a Sound Design of Fiscal Decentralization
Fiscal decentralization has been, and remains high on the policy agenda of many countries. It is mainly driven by political pressures, which tend to be especially evident in countries with multiple ethnicities, and/or wide regional disparities in incomes or resource endowments. More generally, decentralization pressures frequently reflect a desire for more participatory government and greater voice of local constituents in the allocation of budgetary resources. Regardless of its motivation, fiscal decentralization can have important macroeconomic implications. Therefore, Fund advice to member countries (whether in the context of surveillance, program design, or technical assistance) has often focused on the design and implementation of intergovernmental fiscal arrangements. This paper distills the main lessons from the Fund’s engagement with member countries in this area, drawing in particular, (but not exclusively) on technical assistance (TA) provided by the Fiscal Affairs Department (FAD) to ten countries which are broadly representative of the range of members that have requested assistance in this area.
Making Fiscal Decentralization Work
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the IMF to a wide range of member countries, and discusses the key factors that help make decentralization sustainable, efficient, and equitable from a macroeconomic perspective. It focuses on institutional reforms (in the revenue and expenditure assignments to different levels of government, the design of intergovernmental transfers, and public financial management systems) that are suited to different countries circumstances, and their appropriate sequencing.
Fiscal Decentralization and Local Finance in Developing Countries
This book draws on experiences in developing countries to bridge the gap between the conventional textbook treatment of fiscal decentralization and the actual practice of subnational government finance. The extensive literature about the theory and practice is surveyed and longstanding problems and new questions are addressed. It focuses on the key choices that must be made in decentralizing, on how economic and political factors shape the choices that countries make, and on how, by paying more attention to the need for a more comprehensive approach and the critical connections between different components of decentralization reform, everyone involved might get more for their money.
The European Monetary Union After the Crisis
This book provides a much-needed detailed analysis of the evolution of Europe over the last decade, as well as a discussion about the path of reform that has been trodden in the aftermath of the financial crisis. It offers a multidisciplinary view of the E(M)U and captures the main factors that induced the reform of the monetary union – a process that has not been linear and is far from being concluded. The author examines the policy responses designed throughout the development of the crisis and assesses the scale of the crisis in Europe, in comparison to other parts of the world, as well as its prolonged effects both in economic and financial terms. An update on the current ‘state of t...
The Palgrave Handbook of Local Governance in Contemporary China
This Handbook provides a comprehensive overview of local governance in China, and offers original analysis of key factors underpinning trends in this field drawing on the expertise of scholars both inside and outside China. It explores and analyzes the dynamic interaction and collaboration among multiple governmental and non-governmental actors and social sectors with an interest in the conduct of public affairs to address horizontal challenges faced by the local government, society, economy, and civil community and considers key issues such as governance in urban and rural areas, the impact of technology on governance and related issues of education, healthcare, environment and energy. As the result of a global and interdisciplinary collaboration of leading experts, this Handbook offers a cutting-edge insight into the characteristics, challenges and trends of local governance and emphasizes the promotion of good governance and democratic development in China.
IMF Research Bulletin, December 2008
December 2008: IMF research summaries on global herding in financial markets (by Marco Cipriani) and on fiscal decentralization (by Lusine Lusinyan); article on the experiences of IMF staff at the Nobel Laureate Meetings in Lindau, Germany (by Chris Crowe); listing of visiting scholars at the IMF during August–December 2008; listing of contents of Vol. 55 No. 4 of IMF Staff Papers; listing of recent IMF Working Papers; listing of recent external publications by IMF staff; and a Call for Papers for an upcoming conference on structural reforms.
A Research Agenda for Federalism Studies
In this forward-thinking book, fifteen leading scholars set forth cutting-edge agendas for research on significant facets of federalism, including basic theory, comparative studies, national and subnational constitutionalism, courts, self-rule and shared rule, centralization and decentralization, nationalism and diversity, conflict resolution, gender equity, and federalism challenges in Africa, Asia, and the European Union. More than 40 percent of the world’s population lives under federal arrangements, making federalism not only a major research subject but also a vital political issue worldwide.
Intergovernmental fiscal transfer in Germany, Nigeria and Ethiopia
Seminar paper from the year 2018 in the subject Politics - Other International Politics Topics, , language: English, abstract: The paper deals with intergovernmental fiscal transfer in comparative analysis of Germany, Nigeria and Ethiopia federation. The first chapter concerns about the concept of intergovernmental fiscal transfer and the objective of having intergovernmental fiscal transfer. In chapter two the types of fiscal imbalances are discussed from the view of three federal countries arrangements. Types of intergovernmental fiscal transfer and institutions are examined in chapter three. In addition to that procedure for establishing and modifying intergovernmental transfers as well a...
CEPAL Review
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Anuario Estadístico de América Latina Y El Caribe 2015
El Anuario Estadístico de América Latina y el Caribe presenta un conjunto de estadísticas básicas que caracterizan la situación económica, sociodemográfica y ambiental de la región referidas a un período en particular. Esta información forma parte del conjunto de estadísticas disponibles en CEPALSTAT, el portal de bases de datos y publicaciones estadísticas de la CEPAL. [en línea] http://estadisticas.cepal.org/cepalstat/. Las versiones impresa (PDF) y electrónica del Anuario no son exactamente iguales. En la primera se reúne una selección de cuadros orientados a brindar información estadística desde la perspectiva regional, privilegiando la comparabilidad internacional de los datos, como es el caso de la información sobre pobreza y sobre cuentas nacionales en dólares elaboradas por la CEPAL La versión electrónica en línea en el sitio web de la CEPAL (http://interwp.cepal.org/anuario_estadistico/anuario_2015), incluye un mayor número de cuadros, que brindan información más detallada -y sobre un período histórico mucho más amplio- acerca de la situación económica, social y ambiental de los países.
