Fiscal Federalism: Principles and Practice of Multiorder Governance
Cambridge University Press
Edition: Illustrated, 7/2/2009
EAN 9780521732116, ISBN10: 0521732115
Paperback, 630 pages, 22.9 x 15.2 x 3.6 cm
Language: English
This book provides a comprehensive account of the principles and practices of fiscal federalism based on the currently accepted theoretical framework and best practices. The traditional topics of assignment of responsibilities, intergovernmental fiscal arrangements, fiscal competition, and grants are covered in a unified framework with reference to actual practices followed in federations around the world. Special issues such as local government and the implications of natural resource issues are considered along with emerging issues such as governance, corruption, and the effect of globalization and the information revolution on the nation state. The treatment is non-technical and suitable for a wide variety of audiences, including scholars, instructors, students, policy advisors, and practitioners.
Part I. Design of Fiscal Constitutions
1. Introduction to federalism and the role of governments in federal economies
2. The decentralization of government authority
3. Expenditure assignment
4. Revenue assignment
5. Natural resources ownership and management in a federal system
6. Local governance in theory
7. Local governance in practice
Part II. Revenue Sharing and Fiscal Transfers
8. Revenue sharing
9. The principles of intergovernmental transfers
10. The practice of intergovernmental fiscal transfers
Part III. Finance and Provision of Public Services
11. Finance and provision of health and education
12. Finance and provision of infrastructure
13. Poverty alleviation in federations
Part IV. Challenges and Responses
14. Fiscal federalism and macroeconomic governance
15. Inter-regional competition and policies for regional cohesion and convergence
16. Decentralized governance and corruption
17. Adapting to a changing world.