Macro Federalism and Local Finance

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...

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Main Author:	Shah, Anwar
Format:	Publication
Language:	English en_US
Published:	Washington, DC : World Bank 2012
Subjects:	ACCOUNTABILITY ACCOUNTABILITY IN GOVERNANCE ADMINISTRATIVE LAW ALLOCATION OF RESOURCES AUTHORITY BANK FOR INTERNATIONAL SETTLEMENTS BANK OFFICE BORROWING BORROWING POLICIES BUDGETARY INSTITUTIONS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANKING CENTRAL BANKS CENTRAL GOVERNMENTS CITIZENS COMMODITIES COMMON MARKET COMMUNICATION TECHNOLOGY COMPETITION POLICY CONSTITUTION CONSTITUTIONAL DESIGN CONSTITUTIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE TAXES CORRUPTION CURRENCY CUSTOMS UNION DEBT DECENTRALIZATION DECENTRALIZATION IN GOVERNMENT DECENTRALIZATION REFORMS DECISION MAKING DEFICITS DEMOCRACIES DEMOCRACY DEMOCRATIC ACCOUNTABILITY DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DISTRIBUTION OF INCOMES DIVISION OF POWERS E-COMMERCE ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POWER ECONOMICS EUROPEAN CENTRAL BANK EXCHANGE SYSTEM EXTERNAL TRADE FACTORS OF PRODUCTION FEDERAL GOVERNMENT FEDERAL STATES FEDERALISM FEDERATIONS FINANCIAL DEREGULATION FINANCIAL DISTRESS FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL DECENTRALIZATION FISCAL FEDERALISM FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FISCAL RESOURCES FISCAL SYSTEM REFORM FISCAL TRANSPARENCY FIXED CAPITAL FREE TRADE FREE TRADE AGREEMENT GLOBAL ECONOMIES GLOBALIZATION GOOD GOVERNANCE GOODS MOBILITY GOVERNMENT ASSISTANCE GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURES GOVERNMENT FINANCE GOVERNMENT INTERVENTION GOVERNMENT REVENUE GOVERNMENT SPENDING GOVERNMENT STRUCTURES GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HARMONIZATION HEDGE FUNDS HOME COUNTRY HUMAN CAPITAL INCOME TAX INCOMES INDIGENOUS PEOPLES INDUSTRIAL COUNTRIES INFORMATION REVOLUTION INSOLVENCY INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL ENVIRONMENT INSTITUTIONAL MECHANISMS INSTITUTIONAL REFORMS INSTITUTIONAL STRUCTURE INTERGOVERNMENTAL FINANCE INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONALIZATION JURISDICTION JURISDICTIONS LAWYER LEGISLATION LEGISLATIVE POWER LEVEL PLAYING FIELD LEVELS OF GOVERNMENT LOCAL AUTONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT FINANCE LOCAL GOVERNMENT ORGANIZATION LOCAL GOVERNMENTS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMICS MARKET ACCESS MEMBER STATES MINISTERS MINISTRY OF FINANCE MONETARY POLICY MULTINATIONAL CORPORATION MULTINATIONAL CORPORATIONS MUNICIPAL BOND MUNICIPALITIES NATIONAL BANK NATIONAL BANK OF HUNGARY NATIONAL POLICIES NATIONS NATURAL RESOURCES OPEN ECONOMIES OPPORTUNISTIC BEHAVIOR OUTPUT PBC PERSONAL INCOME TAX SURCHARGES POLITICAL ECONOMY POLITICAL POWERS POLITICAL RISK POLITICIANS POOR GOVERNANCE POST OFFICE POVERTY ALLEVIATION PRICE STABILITY PRIVATE MARKET PROPERTY TAXES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC GOVERNANCE PUBLIC OFFICIALS PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUBLIC SERVICE PUBLIC SERVICE PROVISION PUBLIC SERVICES REGULATORS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY POWER REGULATORY REGIMES REPRESENTATIVES REVOLUTION SECURITIES SECURITIES INDUSTRY SECURITIES REGULATION SECURITY CONCERNS SENATE SINGLE MARKET SKILLED WORKERS SOCIAL EQUITY SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL RISK SOCIAL SECURITY SOCIAL SERVICES SOVEREIGNTY STABILIZATION POLICY STATE BANK STATE FINANCE SUBNATIONAL FINANCE SUBNATIONAL GOVERNMENTS SUBSIDIARY TAX TAX ADMINISTRATION TAXATION TRADE FLOWS TRANSITION COUNTRIES TREASURY TYPES OF INSTRUMENTS USER CHARGES VALUE ADDED TAXES VETO WAGES WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/2008/01/9660961/macro-federalism-local-finance http://hdl.handle.net/10986/6453

id	okr-10986-6453
recordtype	oai_dc
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY ACCOUNTABILITY IN GOVERNANCE ADMINISTRATIVE LAW ALLOCATION OF RESOURCES AUTHORITY BANK FOR INTERNATIONAL SETTLEMENTS BANK OFFICE BORROWING BORROWING POLICIES BUDGETARY INSTITUTIONS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANKING CENTRAL BANKS CENTRAL GOVERNMENTS CITIZENS COMMODITIES COMMON MARKET COMMUNICATION TECHNOLOGY COMPETITION POLICY CONSTITUTION CONSTITUTIONAL DESIGN CONSTITUTIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE TAXES CORRUPTION CURRENCY CUSTOMS UNION DEBT DECENTRALIZATION DECENTRALIZATION IN GOVERNMENT DECENTRALIZATION REFORMS DECISION MAKING DEFICITS DEMOCRACIES DEMOCRACY DEMOCRATIC ACCOUNTABILITY DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DISTRIBUTION OF INCOMES DIVISION OF POWERS E-COMMERCE ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POWER ECONOMICS EUROPEAN CENTRAL BANK EXCHANGE SYSTEM EXTERNAL TRADE FACTORS OF PRODUCTION FEDERAL GOVERNMENT FEDERAL STATES FEDERALISM FEDERATIONS FINANCIAL DEREGULATION FINANCIAL DISTRESS FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL DECENTRALIZATION FISCAL FEDERALISM FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FISCAL RESOURCES FISCAL SYSTEM REFORM FISCAL TRANSPARENCY FIXED CAPITAL FREE TRADE FREE TRADE AGREEMENT GLOBAL ECONOMIES GLOBALIZATION GOOD GOVERNANCE GOODS MOBILITY GOVERNMENT ASSISTANCE GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURES GOVERNMENT FINANCE GOVERNMENT INTERVENTION GOVERNMENT REVENUE GOVERNMENT SPENDING GOVERNMENT STRUCTURES GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HARMONIZATION HEDGE FUNDS HOME COUNTRY HUMAN CAPITAL INCOME TAX INCOMES INDIGENOUS PEOPLES INDUSTRIAL COUNTRIES INFORMATION REVOLUTION INSOLVENCY INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL ENVIRONMENT INSTITUTIONAL MECHANISMS INSTITUTIONAL REFORMS INSTITUTIONAL STRUCTURE INTERGOVERNMENTAL FINANCE INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONALIZATION JURISDICTION JURISDICTIONS LAWYER LEGISLATION LEGISLATIVE POWER LEVEL PLAYING FIELD LEVELS OF GOVERNMENT LOCAL AUTONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT FINANCE LOCAL GOVERNMENT ORGANIZATION LOCAL GOVERNMENTS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMICS MARKET ACCESS MEMBER STATES MINISTERS MINISTRY OF FINANCE MONETARY POLICY MULTINATIONAL CORPORATION MULTINATIONAL CORPORATIONS MUNICIPAL BOND MUNICIPALITIES NATIONAL BANK NATIONAL BANK OF HUNGARY NATIONAL POLICIES NATIONS NATURAL RESOURCES OPEN ECONOMIES OPPORTUNISTIC BEHAVIOR OUTPUT PBC PERSONAL INCOME TAX SURCHARGES POLITICAL ECONOMY POLITICAL POWERS POLITICAL RISK POLITICIANS POOR GOVERNANCE POST OFFICE POVERTY ALLEVIATION PRICE STABILITY PRIVATE MARKET PROPERTY TAXES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC GOVERNANCE PUBLIC OFFICIALS PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUBLIC SERVICE PUBLIC SERVICE PROVISION PUBLIC SERVICES REGULATORS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY POWER REGULATORY REGIMES REPRESENTATIVES REVOLUTION SECURITIES SECURITIES INDUSTRY SECURITIES REGULATION SECURITY CONCERNS SENATE SINGLE MARKET SKILLED WORKERS SOCIAL EQUITY SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL RISK SOCIAL SECURITY SOCIAL SERVICES SOVEREIGNTY STABILIZATION POLICY STATE BANK STATE FINANCE SUBNATIONAL FINANCE SUBNATIONAL GOVERNMENTS SUBSIDIARY TAX TAX ADMINISTRATION TAXATION TRADE FLOWS TRANSITION COUNTRIES TREASURY TYPES OF INSTRUMENTS USER CHARGES VALUE ADDED TAXES VETO WAGES WORLD TRADE
spellingShingle	ACCOUNTABILITY ACCOUNTABILITY IN GOVERNANCE ADMINISTRATIVE LAW ALLOCATION OF RESOURCES AUTHORITY BANK FOR INTERNATIONAL SETTLEMENTS BANK OFFICE BORROWING BORROWING POLICIES BUDGETARY INSTITUTIONS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANKING CENTRAL BANKS CENTRAL GOVERNMENTS CITIZENS COMMODITIES COMMON MARKET COMMUNICATION TECHNOLOGY COMPETITION POLICY CONSTITUTION CONSTITUTIONAL DESIGN CONSTITUTIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE TAXES CORRUPTION CURRENCY CUSTOMS UNION DEBT DECENTRALIZATION DECENTRALIZATION IN GOVERNMENT DECENTRALIZATION REFORMS DECISION MAKING DEFICITS DEMOCRACIES DEMOCRACY DEMOCRATIC ACCOUNTABILITY DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DISTRIBUTION OF INCOMES DIVISION OF POWERS E-COMMERCE ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POWER ECONOMICS EUROPEAN CENTRAL BANK EXCHANGE SYSTEM EXTERNAL TRADE FACTORS OF PRODUCTION FEDERAL GOVERNMENT FEDERAL STATES FEDERALISM FEDERATIONS FINANCIAL DEREGULATION FINANCIAL DISTRESS FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL DECENTRALIZATION FISCAL FEDERALISM FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FISCAL RESOURCES FISCAL SYSTEM REFORM FISCAL TRANSPARENCY FIXED CAPITAL FREE TRADE FREE TRADE AGREEMENT GLOBAL ECONOMIES GLOBALIZATION GOOD GOVERNANCE GOODS MOBILITY GOVERNMENT ASSISTANCE GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURES GOVERNMENT FINANCE GOVERNMENT INTERVENTION GOVERNMENT REVENUE GOVERNMENT SPENDING GOVERNMENT STRUCTURES GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HARMONIZATION HEDGE FUNDS HOME COUNTRY HUMAN CAPITAL INCOME TAX INCOMES INDIGENOUS PEOPLES INDUSTRIAL COUNTRIES INFORMATION REVOLUTION INSOLVENCY INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL ENVIRONMENT INSTITUTIONAL MECHANISMS INSTITUTIONAL REFORMS INSTITUTIONAL STRUCTURE INTERGOVERNMENTAL FINANCE INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONALIZATION JURISDICTION JURISDICTIONS LAWYER LEGISLATION LEGISLATIVE POWER LEVEL PLAYING FIELD LEVELS OF GOVERNMENT LOCAL AUTONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT FINANCE LOCAL GOVERNMENT ORGANIZATION LOCAL GOVERNMENTS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMICS MARKET ACCESS MEMBER STATES MINISTERS MINISTRY OF FINANCE MONETARY POLICY MULTINATIONAL CORPORATION MULTINATIONAL CORPORATIONS MUNICIPAL BOND MUNICIPALITIES NATIONAL BANK NATIONAL BANK OF HUNGARY NATIONAL POLICIES NATIONS NATURAL RESOURCES OPEN ECONOMIES OPPORTUNISTIC BEHAVIOR OUTPUT PBC PERSONAL INCOME TAX SURCHARGES POLITICAL ECONOMY POLITICAL POWERS POLITICAL RISK POLITICIANS POOR GOVERNANCE POST OFFICE POVERTY ALLEVIATION PRICE STABILITY PRIVATE MARKET PROPERTY TAXES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC GOVERNANCE PUBLIC OFFICIALS PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUBLIC SERVICE PUBLIC SERVICE PROVISION PUBLIC SERVICES REGULATORS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY POWER REGULATORY REGIMES REPRESENTATIVES REVOLUTION SECURITIES SECURITIES INDUSTRY SECURITIES REGULATION SECURITY CONCERNS SENATE SINGLE MARKET SKILLED WORKERS SOCIAL EQUITY SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL RISK SOCIAL SECURITY SOCIAL SERVICES SOVEREIGNTY STABILIZATION POLICY STATE BANK STATE FINANCE SUBNATIONAL FINANCE SUBNATIONAL GOVERNMENTS SUBSIDIARY TAX TAX ADMINISTRATION TAXATION TRADE FLOWS TRANSITION COUNTRIES TREASURY TYPES OF INSTRUMENTS USER CHARGES VALUE ADDED TAXES VETO WAGES WORLD TRADE Shah, Anwar Macro Federalism and Local Finance
relation	Public Sector Governance and Accountability series;
description	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.
format	Publications & Research :: Publication
author	Shah, Anwar
author_facet	Shah, Anwar
author_sort	Shah, Anwar
title	Macro Federalism and Local Finance
title_short	Macro Federalism and Local Finance
title_full	Macro Federalism and Local Finance
title_fullStr	Macro Federalism and Local Finance
title_full_unstemmed	Macro Federalism and Local Finance
title_sort	macro federalism and local finance
publisher	Washington, DC : World Bank
publishDate	2012
url	http://documents.worldbank.org/curated/en/2008/01/9660961/macro-federalism-local-finance http://hdl.handle.net/10986/6453
_version_	1764397854295588864
spelling	okr-10986-64532021-04-23T14:02:25Z Macro Federalism and Local Finance Shah, Anwar ACCOUNTABILITY ACCOUNTABILITY IN GOVERNANCE ADMINISTRATIVE LAW ALLOCATION OF RESOURCES AUTHORITY BANK FOR INTERNATIONAL SETTLEMENTS BANK OFFICE BORROWING BORROWING POLICIES BUDGETARY INSTITUTIONS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANKING CENTRAL BANKS CENTRAL GOVERNMENTS CITIZENS COMMODITIES COMMON MARKET COMMUNICATION TECHNOLOGY COMPETITION POLICY CONSTITUTION CONSTITUTIONAL DESIGN CONSTITUTIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORPORATE TAXES CORRUPTION CURRENCY CUSTOMS UNION DEBT DECENTRALIZATION DECENTRALIZATION IN GOVERNMENT DECENTRALIZATION REFORMS DECISION MAKING DEFICITS DEMOCRACIES DEMOCRACY DEMOCRATIC ACCOUNTABILITY DEVELOPING COUNTRIES DISTRIBUTION OF INCOME DISTRIBUTION OF INCOMES DIVISION OF POWERS E-COMMERCE ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POWER ECONOMICS EUROPEAN CENTRAL BANK EXCHANGE SYSTEM EXTERNAL TRADE FACTORS OF PRODUCTION FEDERAL GOVERNMENT FEDERAL STATES FEDERALISM FEDERATIONS FINANCIAL DEREGULATION FINANCIAL DISTRESS FINANCIAL MANAGEMENT FINANCIAL TRANSACTIONS FISCAL DECENTRALIZATION FISCAL FEDERALISM FISCAL MANAGEMENT FISCAL POLICIES FISCAL POLICY FISCAL RESOURCES FISCAL SYSTEM REFORM FISCAL TRANSPARENCY FIXED CAPITAL FREE TRADE FREE TRADE AGREEMENT GLOBAL ECONOMIES GLOBALIZATION GOOD GOVERNANCE GOODS MOBILITY GOVERNMENT ASSISTANCE GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURES GOVERNMENT FINANCE GOVERNMENT INTERVENTION GOVERNMENT REVENUE GOVERNMENT SPENDING GOVERNMENT STRUCTURES GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HARMONIZATION HEDGE FUNDS HOME COUNTRY HUMAN CAPITAL INCOME TAX INCOMES INDIGENOUS PEOPLES INDUSTRIAL COUNTRIES INFORMATION REVOLUTION INSOLVENCY INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL ENVIRONMENT INSTITUTIONAL MECHANISMS INSTITUTIONAL REFORMS INSTITUTIONAL STRUCTURE INTERGOVERNMENTAL FINANCE INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL COMPETITION INTERNATIONAL FINANCE INTERNATIONALIZATION JURISDICTION JURISDICTIONS LAWYER LEGISLATION LEGISLATIVE POWER LEVEL PLAYING FIELD LEVELS OF GOVERNMENT LOCAL AUTONOMY LOCAL FINANCE LOCAL GOVERNMENT LOCAL GOVERNMENT EXPENDITURES LOCAL GOVERNMENT FINANCE LOCAL GOVERNMENT ORGANIZATION LOCAL GOVERNMENTS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MACROECONOMICS MARKET ACCESS MEMBER STATES MINISTERS MINISTRY OF FINANCE MONETARY POLICY MULTINATIONAL CORPORATION MULTINATIONAL CORPORATIONS MUNICIPAL BOND MUNICIPALITIES NATIONAL BANK NATIONAL BANK OF HUNGARY NATIONAL POLICIES NATIONS NATURAL RESOURCES OPEN ECONOMIES OPPORTUNISTIC BEHAVIOR OUTPUT PBC PERSONAL INCOME TAX SURCHARGES POLITICAL ECONOMY POLITICAL POWERS POLITICAL RISK POLITICIANS POOR GOVERNANCE POST OFFICE POVERTY ALLEVIATION PRICE STABILITY PRIVATE MARKET PROPERTY TAXES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC GOVERNANCE PUBLIC OFFICIALS PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR PERFORMANCE PUBLIC SERVICE PUBLIC SERVICE PROVISION PUBLIC SERVICES REGULATORS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY POWER REGULATORY REGIMES REPRESENTATIVES REVOLUTION SECURITIES SECURITIES INDUSTRY SECURITIES REGULATION SECURITY CONCERNS SENATE SINGLE MARKET SKILLED WORKERS SOCIAL EQUITY SOCIAL POLICIES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL RISK SOCIAL SECURITY SOCIAL SERVICES SOVEREIGNTY STABILIZATION POLICY STATE BANK STATE FINANCE SUBNATIONAL FINANCE SUBNATIONAL GOVERNMENTS SUBSIDIARY TAX TAX ADMINISTRATION TAXATION TRADE FLOWS TRANSITION COUNTRIES TREASURY TYPES OF INSTRUMENTS USER CHARGES VALUE ADDED TAXES VETO WAGES WORLD TRADE 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. 2012-05-25T19:10:14Z 2012-05-25T19:10:14Z 2008 http://documents.worldbank.org/curated/en/2008/01/9660961/macro-federalism-local-finance 978-0-8213-6326-3 http://hdl.handle.net/10986/6453 English en_US Public Sector Governance and Accountability series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC : World Bank Publications & Research :: Publication Publications & Research :: Publication

Macro Federalism and Local Finance

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