The design of a federal system to deal with growth, stabilization, and regional and local development issues is the primary concern of this volume, edited by An

The design of a federal system to deal with growth, stabilization, and regional and local development issues is the primary concern of this volume, edited by An

This book provides a comprehensive account of the principles and practices of fiscal federalism based on the currently accepted theoretical framework and best p

Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to st

This paper provides background to the Board paper on Macro Policy Lessons for a Sound Design of Fiscal Decentralization. It summarizes the findings and recommen