Macroeconomic Management And The Devolution Of Fiscal Powers

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Macroeconomic Management and the Devolution of Fiscal Powers

Author : Paulo Flavio Nacif Drummond
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Macroeconomic Management and the Devolution of Fiscal Powers by : Paulo Flavio Nacif Drummond

Download or read book Macroeconomic Management and the Devolution of Fiscal Powers written by Paulo Flavio Nacif Drummond and published by International Monetary Fund. This book was released on 2002-04 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several of the transition economies are devolving fiscal authority to subnational governments at a time when it is also important to consolidate fiscal policy. This can be problematic because, without appropriate care, the central government's ability to determine the level and structure of revenues, public spending, and borrowing may well diminish as fiscal policy is devolved. This paper focuses on how the center can maintain its ability to conduct fiscal policy while devolving revenue, spending, and borrowing powers to lower levels of government. Empirical evidence shows that countries with good governance have maintained fiscal control despite a high degree of fiscal devolution. And decentralization is associated with better fiscal outcomes for middle-income countries with strong governance. Fiscal management issues are explored in four key areas: budget coordination mechanisms at the macro level tax-effort incentives and revenue-sharing mechanisms expenditure control and hard-budget constraints and criteria and rules for borrowing.

Macroeconomic Management and the Devolution of Fiscal Powers

Author : Paulo Drummond
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (849 download)

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Book Synopsis Macroeconomic Management and the Devolution of Fiscal Powers by : Paulo Drummond

Download or read book Macroeconomic Management and the Devolution of Fiscal Powers written by Paulo Drummond and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Decentralization and Local Finance in Developing Countries

Author : Roy Bahl
Publisher : Edward Elgar Publishing
ISBN 13 : 1786435306
Total Pages : 430 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Fiscal Decentralization and Local Finance in Developing Countries by : Roy Bahl

Download or read book Fiscal Decentralization and Local Finance in Developing Countries written by Roy Bahl and published by Edward Elgar Publishing. This book was released on 2018-03-30 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Intergovernmental Fiscal Relations and Macroeconomic Management in Large Countries

Author :
Publisher : Allied Publishers
ISBN 13 : 9788170231721
Total Pages : 426 pages
Book Rating : 4.2/5 (317 download)

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Book Synopsis Intergovernmental Fiscal Relations and Macroeconomic Management in Large Countries by :

Download or read book Intergovernmental Fiscal Relations and Macroeconomic Management in Large Countries written by and published by Allied Publishers. This book was released on 1994 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Senior Policy Seminar on Intergovernmental Fiscal Relations and Macroeconomic Management in Large Countires, held in New Delhi, February 26-28, 1991.

Macroeconomic Management and Fiscal Decentralization

Author : Jayanta Roy
Publisher : World Bank Publications
ISBN 13 : 9780821334096
Total Pages : 270 pages
Book Rating : 4.3/5 (34 download)

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Book Synopsis Macroeconomic Management and Fiscal Decentralization by : Jayanta Roy

Download or read book Macroeconomic Management and Fiscal Decentralization written by Jayanta Roy and published by World Bank Publications. This book was released on 1995-01-01 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suggests guidelines by which developing countries can successfully manage the rapid surge in government revenues that occurs during a commodity boom. The book addresses the problems associated with such booms, including long-term spending commitments, Dutch disease, and a slowdown in diversification.

Indian Fiscal Federalism

Author : Y.V. Reddy
Publisher : Oxford University Press
ISBN 13 : 0199097046
Total Pages : 335 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis Indian Fiscal Federalism by : Y.V. Reddy

Download or read book Indian Fiscal Federalism written by Y.V. Reddy and published by Oxford University Press. This book was released on 2018-12-27 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Likening fiscal federalism to a game between the Union and the States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. A contemporary, timely, and comprehensive analysis of fiscal federalism in India, this practitioners’ perspective is a must-read for all those interested in the subject.

Fiscal Adjustment for Stability and Growth

Author : Mr.James Daniel
Publisher : International Monetary Fund
ISBN 13 : 9781589065130
Total Pages : 80 pages
Book Rating : 4.0/5 (651 download)

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Book Synopsis Fiscal Adjustment for Stability and Growth by : Mr.James Daniel

Download or read book Fiscal Adjustment for Stability and Growth written by Mr.James Daniel and published by International Monetary Fund. This book was released on 2006-08-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.

Fiscal Policy and Long-Term Growth

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Macroeconomic Management and the Devolution of Fiscal Powers

Author : Paulo Drummond
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Macroeconomic Management and the Devolution of Fiscal Powers by : Paulo Drummond

Download or read book Macroeconomic Management and the Devolution of Fiscal Powers written by Paulo Drummond and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several of the transition economies are devolving fiscal authority to subnational governments at a time when it is also important to consolidate fiscal policy. This can be problematic because, without appropriate care, the central governments ability to determine the level and structure of revenues, public spending, and borrowing may well diminish as fiscal policy is devolved. This paper focuses on how the center can maintain its ability to conduct fiscal policy while devolving revenue, spending, and borrowing powers to lower levels of government. Empirical evidence shows that countries with good governance have maintained fiscal control despite a high degree of fiscal devolution. And decentralization is associated with better fiscal outcomes for middle-income countries with strong governance. Fiscal management issues are explored in four key areas: budget coordination mechanisms at the macro level; tax-effort incentives and revenue-sharing mechanisms; expenditure control and hard-budget constraints; and criteria and rules for borrowing.

The End of Welfare?

Author : Max Sawicky
Publisher : M.E. Sharpe
ISBN 13 : 9780765604552
Total Pages : 268 pages
Book Rating : 4.6/5 (45 download)

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Book Synopsis The End of Welfare? by : Max Sawicky

Download or read book The End of Welfare? written by Max Sawicky and published by M.E. Sharpe. This book was released on 1999 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the consequences of federal devolution on state budgets, this work deals with three major areas of concern: the effect of moving large numbers of welfare recipients into labour markets; the planned federal reforms in the health care field; and trends in federal aid.

Economic Policy Options for a Prosperous Nigeria

Author : P. Collier
Publisher : Springer
ISBN 13 : 0230583199
Total Pages : 447 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Economic Policy Options for a Prosperous Nigeria by : P. Collier

Download or read book Economic Policy Options for a Prosperous Nigeria written by P. Collier and published by Springer. This book was released on 2008-04-24 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy issues, and reveals the current problems and policy options that a democratic Nigeria will need to debate and resolve. It presents an agenda of reform as unfinished business.

Fiscal Decentralization in Developing Countries

Author : Richard M. Bird
Publisher : Cambridge University Press
ISBN 13 : 9780521101585
Total Pages : 320 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis Fiscal Decentralization in Developing Countries by : Richard M. Bird

Download or read book Fiscal Decentralization in Developing Countries written by Richard M. Bird and published by Cambridge University Press. This book was released on 2008-12-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Decentralisation in Developing Countries features important, original and up-to-date research from leading scholars assessing fiscal decentralization in developing countries. It has rich and varied case-study material from countries as diverse as India, China, Colombia, Bosnia-Herzogovina and South Africa.

The Political Economy of Democratic Decentralization

Author : James Manor
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Political Economy of Democratic Decentralization by : James Manor

Download or read book The Political Economy of Democratic Decentralization written by James Manor and published by World Bank Publications. This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly all countries worldwide are now experimenting with decentralization. Their motivation are diverse. Many countries are decentralizing because they believe this can help stimulate economic growth or reduce rural poverty, goals central government interventions have failed to achieve. Some countries see it as a way to strengthen civil society and deepen democracy. Some perceive it as a way to off-load expensive responsibilities onto lower level governments. Thus, decentralization is seen as a solution to many different kinds of problems. This report examines the origins and implications decentralization from a political economy perspective, with a focus on its promise and limitations. It explores why countries have often chosen not to decentralize, even when evidence suggests that doing so would be in the interests of the government. It seeks to explain why since the early 1980s many countries have undertaken some form of decentralization. This report also evaluates the evidence to understand where decentralization has considerable promise and where it does not. It identifies conditions needed for decentralization to succeed. It identifies the ways in which decentralization can promote rural development. And it names the goals which decentralization will probably not help achieve.

Public Finances

Author : Universities-National Bureau Committee for Economic Research
Publisher :
ISBN 13 :
Total Pages : 536 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis Public Finances by : Universities-National Bureau Committee for Economic Research

Download or read book Public Finances written by Universities-National Bureau Committee for Economic Research and published by . This book was released on 1965 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Intergovernmental Management for the 21st Century

Author : Timothy J. Conlan
Publisher : Rowman & Littlefield
ISBN 13 : 0815703635
Total Pages : 384 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Intergovernmental Management for the 21st Century by : Timothy J. Conlan

Download or read book Intergovernmental Management for the 21st Century written by Timothy J. Conlan and published by Rowman & Littlefield. This book was released on 2009-11-01 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and the National Academy of Public Administration publication America's complex system of multi-layered government faces new challenges as a result of rapidly changing economic, technological, and demographic trends. An aging population, economic globalization, and homeland security concerns are among the powerful factors testing the system's capacity and flexibility. Major policy challenges and responses are now overwhelmingly intergovernmental in nature, and as a result, the fortunes of all levels of government are more intertwined and interdependent than ever before. This volume, cosponsored by the National Academy of Public Administration (NAPA), defines an agenda for improving the performance of America's intergovernmental system. The early chapters present the current state of practice in intergovernmental relations, including discussion of trends toward centralization, devolution, and other power-sharing arrangements. The fiscal underpinnings of the system are analyzed, along with the long-term implications of current trends in financing at all levels. The authors identify the principal tools used to define intergovernmental management–grants, mandates, preemptions—in discussing emerging models and best practices in the design and management of those tools. In tergovernmental Management for the 21st Century applies these crosscutting themes to critical policy areas where intergovernmental management and cooperation are essential, such as homeland security, education, welfare, health care, and the environment. It concludes with an authoritative assessment of the system's capacity to govern, oversee, and improve. Contributors include Jocelyn Johnston (American University), Shelley Metzenbaum (University of Maryland), Richard Nathan (SUNY at Albany), Barry Rabe (University of Michigan), Beryl Radin (American University), Alice Rivlin (Brookings Institution), Ray Sheppach (National Governors Association), Frank Shafroth (George Mason University), Troy Smith (BYU–Hawaii), Carl Stenberg (University of Nor

Dangers of Decentralization

Author : Remy Prud'homme
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4./5 ( download)

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Book Synopsis Dangers of Decentralization by : Remy Prud'homme

Download or read book Dangers of Decentralization written by Remy Prud'homme and published by World Bank Publications. This book was released on 1994 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand for decentralization is strong in most parts of the world. This close look at the negative side effects of improperly appled decentralization is not an attack on decentralization but an effort to prevent its misapplication -- and to promote fuller understanding and wiser use of this potentially desirable policy.

The Metropolitan Revolution

Author : Bruce Katz
Publisher : Rowman & Littlefield
ISBN 13 : 0815721528
Total Pages : 276 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Metropolitan Revolution by : Bruce Katz

Download or read book The Metropolitan Revolution written by Bruce Katz and published by Rowman & Littlefield. This book was released on 2013-06-19 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across the US, cities and metropolitan areas are facing huge economic and competitive challenges that Washington won't, or can't, solve. The good news is that networks of metropolitan leaders – mayors, business and labor leaders, educators, and philanthropists – are stepping up and powering the nation forward. These state and local leaders are doing the hard work to grow more jobs and make their communities more prosperous, and they're investing in infrastructure, making manufacturing a priority, and equipping workers with the skills they need. In The Metropolitan Revolution, Bruce Katz and Jennifer Bradley highlight success stories and the people behind them. · New York City: Efforts are under way to diversify the city's vast economy · Portland: Is selling the "sustainability" solutions it has perfected to other cities around the world · Northeast Ohio: Groups are using industrial-age skills to invent new twenty-first-century materials, tools, and processes · Houston: Modern settlement house helps immigrants climb the employment ladder · Miami: Innovators are forging strong ties with Brazil and other nations · Denver and Los Angeles: Leaders are breaking political barriers and building world-class metropolises · Boston and Detroit: Innovation districts are hatching ideas to power these economies for the next century The lessons in this book can help other cities meet their challenges. Change is happening, and every community in the country can benefit. Change happens where we live, and if leaders won't do it, citizens should demand it. The Metropolitan Revolution was the 2013 Foreword Reviews Bronze winner for Political Science.