Fiscal Federalism 2014
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Fiscal Federalism 2014

This book offers an overview on recent trends and policies in intergovernmental fiscal relations and sub-central government. Accessible chapters provide: insight into how sub-central governments are managing ongoing consolidation, as well as how fiscal decentralisation fosters economic growth and educational attainment; a balanced account of the virtues and limits of tax competition between jurisdictions; an overview of fiscal equalisation policy; and some fascinating background information about past tax and public service reforms.

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From chapter Fiscal consolidation across levels of government
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Graph
 

SCG gross financial liabilities are considerable in some countries

Ratio of debt to own tax revenue, by level of government, 2011 You or your institution have access to this content

OECD
 
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