A Practitioner’s Guide to Intergovernmental Fiscal Transfers
Intergovernmental fiscal transfers are a dominant feature of sub-national finance in most countries. They are used to ensure that revenues roughly match the expenditure needs of various orders (levels) of sub-national governments. They are also used to advance national, regional and local area objec...
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| Format: | Online |
| Language: | spa |
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Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2006
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| Online Access: | https://revistas.unc.edu.ar/index.php/REyE/article/view/4088 |
| _version_ | 1811172175449686016 |
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| author | Shah, Anwar |
| author_facet | Shah, Anwar |
| author_sort | Shah, Anwar |
| collection | Portal de Revistas |
| description | Intergovernmental fiscal transfers are a dominant feature of sub-national finance in most countries. They are used to ensure that revenues roughly match the expenditure needs of various orders (levels) of sub-national governments. They are also used to advance national, regional and local area objectives such as fairness and equity and creating a common economic union. The structure of these transfers create incentives for national, regional and local governments that have a bearing on fiscal management, macroeconomic stability, distributional equity, allocative efficiency and public services delivery. This paper reviews conceptual, empirical and the practice literature to distill lessons of policy interest in designing the fiscal transfers to create the right incentives for prudent fiscal managment and competitive and innovative service delivery. The paper provides practical guidance on the design of performance-oriented transfers that emphasize bottom-up, client- focused and results-based government accountability. It cites examples of simple but innovative grant designs that can satisfy grantors’ objectives while preserving local autonomy and creating an enabling environment for responsive, responsible, equitable and accountable public governance. The paper further provides guidance on the design and the practice of equalization transfers for regional fiscal equity as well as the institutional arrangements for implementation of such transfer mechanisms. The paper concludes with negative (practices to avoid) and positive (practices to emulate) lessons from international practices. |
| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-4088 |
| institution | Universidad Nacional de Cordoba |
| language | spa |
| publishDate | 2006 |
| publisher | Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-40882022-04-06T23:07:05Z A Practitioner’s Guide to Intergovernmental Fiscal Transfers Shah, Anwar intergovernmental finance fiscal transfers Intergovernmental fiscal transfers are a dominant feature of sub-national finance in most countries. They are used to ensure that revenues roughly match the expenditure needs of various orders (levels) of sub-national governments. They are also used to advance national, regional and local area objectives such as fairness and equity and creating a common economic union. The structure of these transfers create incentives for national, regional and local governments that have a bearing on fiscal management, macroeconomic stability, distributional equity, allocative efficiency and public services delivery. This paper reviews conceptual, empirical and the practice literature to distill lessons of policy interest in designing the fiscal transfers to create the right incentives for prudent fiscal managment and competitive and innovative service delivery. The paper provides practical guidance on the design of performance-oriented transfers that emphasize bottom-up, client- focused and results-based government accountability. It cites examples of simple but innovative grant designs that can satisfy grantors’ objectives while preserving local autonomy and creating an enabling environment for responsive, responsible, equitable and accountable public governance. The paper further provides guidance on the design and the practice of equalization transfers for regional fiscal equity as well as the institutional arrangements for implementation of such transfer mechanisms. The paper concludes with negative (practices to avoid) and positive (practices to emulate) lessons from international practices. Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2006-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/REyE/article/view/4088 10.55444/2451.7321.2006.v44.n2.4088 Revista de Economía y Estadística; Vol. 44 No. 2 (2006); 127-186 Revista de Economía y Estadística; Vol. 44 Núm. 2 (2006); 127-186 2451-7321 0034-8066 10.55444/2451.7321.2006.v44.n2 spa https://revistas.unc.edu.ar/index.php/REyE/article/view/4088/5102 Derechos de autor 2006 Anwar Shah http://creativecommons.org/licenses/by-nc-nd/4.0 |
| spellingShingle | intergovernmental finance fiscal transfers Shah, Anwar A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title | A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title_full | A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title_fullStr | A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title_full_unstemmed | A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title_short | A Practitioner’s Guide to Intergovernmental Fiscal Transfers |
| title_sort | practitioner s guide to intergovernmental fiscal transfers |
| topic | intergovernmental finance fiscal transfers |
| topic_facet | intergovernmental finance fiscal transfers |
| url | https://revistas.unc.edu.ar/index.php/REyE/article/view/4088 |
| work_keys_str_mv | AT shahanwar apractitionersguidetointergovernmentalfiscaltransfers AT shahanwar practitionersguidetointergovernmentalfiscaltransfers |