Fiscal Federalism and Regional Performance

Fiscal Federalism and Regional Performance
Author :
Publisher : International Monetary Fund
Total Pages : 23
Release :
ISBN-10 : 9781484330661
ISBN-13 : 1484330668
Rating : 4/5 (61 Downloads)

Book Synopsis Fiscal Federalism and Regional Performance by : Gabriel Di Bella

Download or read book Fiscal Federalism and Regional Performance written by Gabriel Di Bella and published by International Monetary Fund. This book was released on 2017-11-22 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sound regional policies are essential for balanced and sustained economic growth. The interaction of federal and regional policies with cross-regional structural differences affect human and physical capital formation, the business climate, private investment, market depth, and competition. This paper summarizes the main elements of Russia's fiscal federalism, describes the channels through which it operates, and assesses the effectiveness of regional transfers in reducing regional disparities. The results suggest that federal transfers to regions contributed to reducing disparities arising from heterogeneous regional tax bases and fiscal revenues. This allowed regions with initially lower per capita income to increase human and physical capital at higher rates. There is little evidence for transfers contributing to increased cross-regional growth synchronization. The results also suggest that federal transfers did not significantly improve regional fiscal sustainability, a conclusion that is supported by the lack of convergence in per capita real income across Russian regions in the last 15 years.


Fiscal Federalism and Regional Performance Related Books

Fiscal Federalism and Regional Performance
Language: en
Pages: 23
Authors: Gabriel Di Bella
Categories: Business & Economics
Type: BOOK - Published: 2017-11-22 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Sound regional policies are essential for balanced and sustained economic growth. The interaction of federal and regional policies with cross-regional structura
Fiscal Federalism 2022 Making Decentralisation Work
Language: en
Pages: 290
Authors: OECD
Categories:
Type: BOOK - Published: 2021-12-20 - Publisher: OECD Publishing

DOWNLOAD EBOOK

Fiscal Federalism 2022 surveys recent trends and policies in intergovernmental fiscal relations and subnational government. Accessible and easy-to-read chapters
Comparing Fiscal Federalism
Language: en
Pages: 409
Authors: Alice Valdesalici
Categories: Law
Type: BOOK - Published: 2018-02-27 - Publisher: BRILL

DOWNLOAD EBOOK

Comparing Fiscal Federalism investigates intergovernmental financial relations and the current de jure and de facto allocation of financial and fiscal powers in
On the Measurement and Impact of Fiscal Decentralization
Language: en
Pages: 32
Authors: Robert D. Ebel
Categories: Central-local government relations
Type: BOOK - Published: 2002 - Publisher: World Bank Publications

DOWNLOAD EBOOK

Indian Fiscal Federalism
Language: en
Pages: 335
Authors: Y.V. Reddy
Categories: Political Science
Type: BOOK - Published: 2018-12-27 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Likening fiscal federalism to a game between the Union and the States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of