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  • 1
    Online Resource
    Online Resource
    Washington, DC : World Bank
    UID:
    gbv_797848800
    Format: Online-Ressource
    ISBN: 9780821363263
    Series Statement: Public Sector Governance and Accountability series
    Content: 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.
    Note: English , en_US
    Language: English
    URL: Volltext  (kostenfrei)
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