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Fiscal Federalism 2016

Making Decentralisation Work

image of Fiscal Federalism 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.

English

The sub-central government level accounts for most public investment

Ratio of sub-central to general government investment, 2013

English

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