By Yun-Hwan Kim
Intergovernmental transfers are an incredible device of public quarter finance in either industrialized and constructing international locations. seriously reading chosen intergovernmental transfers in 3 huge Asian countries--India, Pakistan, and the Philippines--this research highlights classes from those international locations that these meaning to reform their intergovernmental move structures may perhaps observe. every one state is taken into account in mild of the authorized ideas and overseas practices of intergovernmental transfers. A precis is equipped that synthesizes the consequences from case stories, analyzing how they meet person kingdom goals and the way they relate to broader overseas event.
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Extra info for Intergovernmental Fiscal Transfers in Asia: Current Practice and Challenges for the Future
World Development Report Background Paper. Washington, DC: The World Bank. Shah, A. 1994. Reform of Intergovernmental Fiscal Relations in Developing and Emerging Market Economies. Policy Paper No. 23. Washington, DC: The World Bank. Smoke, P. 1994. Local Government Finance in Developing Countries: The Case of Kenya. Oxford University Press. The Role and Challenges 19 ———. 1999. Improving Infrastructure Finance in Developing Countries through GrantLoan Linkages. International Journal of Public Administration Vol.
Transferring funds from high- to low-income jurisdictions does not necessarily mean that high-income households will bear the burden of the taxes used to finance the transfers that provide services consumed by low-income households. There is also no guarantee that services funded by transfers will go to the less well-off in recipient jurisdictions. The net effect of the transfer depends on the distributional incidence of both revenues and expenditures. However, central governments may still wish to equalize across subnational governments for a number of reasons, including differences in resource endowments and local public service needs across regions.
Lewis, B. D. 1991. An Enquiry into Kenyan Small Town Development Policy. Economic Geography Vol. 67, No. 2: 147–153. , J. Ahmad, and R. Bird. 1998. Rethinking Decentralization at the World Bank Washington, DC: The World Bank. Manor, J. 1998. The Political Economy of Democratic Decentralization. Washington, DC: The World Bank. Petersen, J. with J. Crihfield. 2000. Linkages between Local Governments and Financial Markets: A Tool Kit for Developing Sub-sovereign Credit Markets in Emerging Economies.