Series: IMF Working Papers
Author(s): Teresa Ter-Minassian
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1997
Keywords: decentralization, fiscal federalism, borrowing controls, federalism, subnational governments, subnational government
The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By cont...