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Fiscal Decentralization

Decentralization

Public financial management at the subnational level in a rapidly decentralizing country

January 23, 2019 Jamie Boex
A few years ago, I was asked to co-author a chapter on fiscal federalism and public financial management (PFM) together with my friend and colleague, Professor Roy Kelly. Even though the topic addressed by the […]
Decentralization

Fiscal decentralization and local government efficiency: Does relative deprivation matter?

July 1, 2018 LPS Alliance
Fiscal decentralization arguably improves government efficiency because it enhances responsiveness to local policy issues and incentivizes fiscal discipline. However, critics suggest that central control over local spending is necessary to equalize fiscal outcomes between prosperous […]
Fiscal Decentralization

Fiscal Decentralization and Local Finance in Developing Countries: Development from Below

May 17, 2018 LPS Alliance
As experience with decentralization has accumulated, perceptions of both the problems that often accompany decentralization and the best ways to deal with them have evolved. This book draws on experiences in developing countries to bridge […]
Decentralization

The Design of Equalization Grants: Theory and Applications

May 5, 2018 LPS Alliance
Intergovernmental transfers form the cornerstone of subnational government financing in most developing and transition countries. The general term “transfers” is often used to refer to a number of different kinds of public financing instruments, including […]
Fiscal Decentralization

Local government finances during the “Great Recession”

March 26, 2018 LPS Alliance
This report–written by Professor Harold (Hal) Wolman for the German Marshall Fund of the United States –examines how national government policy, and particularly national grant systems, affected local governments during the “Great Recession” and its […]
Fiscal Decentralization

Institutions of Intergovernmental Fiscal Relations: Challenges Ahead

February 21, 2017 Jamie Boex
Intergovernmental fiscal institutions are the overarching framework for relations across government levels. They comprise the constitutional set up of a country; the division of power between government levels; the prevalence of fiscal rules across government […]
Fiscal Decentralization

Brazil to allow states with good ratings to issue new debt

December 2, 2016 LPS Initiative
The National Monetary Council, known as CMN, said it will permit states under the fiscal adjustment program to tap 7 billion reais in new credit backed by the national treasury. The government had not allowed […]
Fiscal Decentralization

Does Fiscal Decentralisation Foster Regional Convergence?

October 6, 2016 LPS Initiative
Across the OECD, GDP per capita is converging. In contrast, regional disparities – or differences in GDP per capita across jurisdictions – are rising, mainly as a result of widening productivity differences. Fiscal decentralisation could […]
Education

Nepal: Public Finance in Schools

August 24, 2016 LPS Initiative
Nepal’s school education system, one of the most decentralised sectors, involves various institutions at the local level. The current mode of decentralisation allows school stakeholders to spend state funds as specified and transferred by the […]
Fiscal Decentralization

The Fiscal Risk of Local Government Revenue in the People’s Republic of China

July 27, 2016 LPS Initiative
Since the Tax Sharing Reform in 1994, the local government revenue of the People’s Republic of China (PRC) has faced downward risk problems. This paper reviews the fiscal and taxation reforms in the central and local […]

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