Fiscal Federalism 2016 surveys recent trends and policies in intergovernmental fiscal
relations and sub-central government. Accessible and easy-to read chapters provide
insight: into growing spending and tax devolution; the fiscal constitutions of federal
countries; how immovable property taxation is regaining its former significance; on
the true spending power of sub central governments; on the mix between own tax resources
and intergovernmental grants; and on the role of fiscal rules and good budget frameworks
for sustainable debt management at the state and local level.