Economía

Intergovernmental fiscal relations lie at the heart of many public policy debates in most federal countries, given the high stakes involved, it is particularly important to stand back and put these debates in perspective. By describing the experiences of other countries with fiscal arrangements and the patterns they reveal, this book adds a significant new resource for those seeking to make sense of some of the key issues facing governments around the world.

This volume, edited by two well-known specialists in intergovernmental fiscal relations, focuses on a key aspect of these relations, namely, the design of intergovernmental transfers. It explores the many complex political, institutional, and economic issues to be faced in the design of such transfers, skilfully combing sound theoretical analysis with up-to-date, practical experience. It will be very useful to both academics and policy makers confronting the challenges of designing, implementing, or reforming intergovernmental fiscal relations systems.