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 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.

Bibliographic Details

Main Author:	Shah, Anwar
Format:	Publication biblioteca
Language:	English en_US
Published:	Washington, DC : World Bank 2008
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
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