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Macro Federalism and Local Finance

Author

Listed:
  • Anwar Shah

Abstract

The book is divided into two parts. The first part macro federalism provides a fresh look at emerging constitutional challenges arising from globalization and the information revolution, as well as the dynamic-efficiency and growth implications of existing federal constitutions. Several aspects of these systems are examined: (a) institutional design to achieve internal economic union; (b) policies for regional development; (c) conduct of monetary policy; (d) coordination of fiscal policies, with a special emphasis on tax harmonization; and (e) management of risks of insolvency from sub-national borrowing. The second part of the book local finance provides a comparative perspective on local finances and measures the progress of decentralized governance reforms in developing countries.

Suggested Citation

  • Anwar Shah, 2008. "Macro Federalism and Local Finance," World Bank Publications - Books, The World Bank Group, number 6453, December.
    • Handle: RePEc:wbk:wbpubs:6453
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    References listed on IDEAS

    as
    1. Dillinger,William R. & Webb,Steven Benjamin, 1999. "Fiscal management in federal democracies : Argentina and Brazil," Policy Research Working Paper Series 2121, The World Bank.
    2. William Dillinger & Steven B. Webb, 1999. "Fiscal management in federal democracies: Argentina and Brazil," Económica, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata, vol. 0(3), pages 423-483.
    3. Mr. Jack Diamond, 2003. "Performance Budgeting: Managing the Reform Process," IMF Working Papers 2003/033, International Monetary Fund.
    4. James Alm & Jameson Boex, 2002. "An Overview of Intergovernmental Fiscal Relations and Subnational Public Finance in Nigeria," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0201, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Lili Liu, 2009. "Turkey," World Bank Publications - Reports 26063, The World Bank Group.
    2. Bilan Irina & Oprea Florin, 2011. "The Legal Indebtedness Capacity Of Romanian Local Governments - Theoretical And Empirical Evidences," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 316-322, December.
    3. Oscar Cetrángolo & Ariela Goldschmit, 2012. "Fiscal decentralization: increasing social cohesion among widely disparate territorial units," Chapters, in: Giorgio Brosio & Juan P. Jiménez (ed.), Decentralization and Reform in Latin America, chapter 3, pages iii-iii, Edward Elgar Publishing.
    4. Ivanyna, Maksym & Shah, Anwar, 2014. "How close is your government to its people? Worldwide indicators on localization and decentralization," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-61.
    5. José Manuel Cordero & Francisco Pedraja & Fátima Galindo, 2022. "La necesaria reforma del sistema de transferencias a los municipios: elementos clave y simulación de resultados," Hacienda Pública Española / Review of Public Economics, IEF, vol. 240(1), pages 125-149, March.
    6. Roberto Fernández Llera & Carlos Monasterio Escudero, 2010. "¿Entre dos o entre todos? Examen y propuestas para la coordinación presupuestaria en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 195(4), pages 139-163, december.
    7. Jorge Martinez-Vazquez & François Vaillancourt, 2011. "An Overview of the Main Obstacles to Decentralization," Chapters, in: Jorge Martinez-Vazquez & François Vaillancourt (ed.), Decentralization in Developing Countries, chapter 1, Edward Elgar Publishing.
    8. Kowalik Paweł, 2014. "Horizontal Fiscal Imbalance In The United States," Folia Oeconomica Stetinensia, Sciendo, vol. 14(2), pages 140-151, December.
    9. Nadiia Matsiuk, 2022. "Thrive, survive, or perish: The impact of regional autonomy on the demographic dynamics of Italian Alpine territories," Journal of Regional Science, Wiley Blackwell, vol. 62(5), pages 1512-1558, November.
    10. Phon Sophat & Bun Phany, 2022. "The Effects of Microcredit on Households Economy in Cambodia," Working Papers hal-03538199, HAL.
    11. Francisco Pedraja Chaparro & José Manuel Cordero Ferrera, 2011. "Analysis of alternative proposals to reform the Spanish intergovernmental transfer system for municipalities," Working Papers 2011/33, Institut d'Economia de Barcelona (IEB).
    12. Florin Oprea & Irina Bilan, 2011. "Romanian Local Governments’ Indebtedness – A Macroeconomic And Territorial Approach," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 58, pages 157-173, november.
    13. Francisco Pedraja Chaparro & José Manuel Cordero Ferrera, 2011. "Analysis of alternative proposals to reform the Spanish intergovernmental transfer system for municipalities," Working Papers 2011/33, Institut d'Economia de Barcelona (IEB).

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