Published on June 20, 2016
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.
|A bird's eye view of fiscal decentralisation|
|Reforming the tax on immovable property|
|Taxes or grants: What revenue source for sub-central governments?|
|Monitoring sub-central government debt: Trends, challenges and practices|
|Spending power of sub-central governments|