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On the Implementation of Transfers to Subnational Governments
Author:
Mr. Bob Searle null

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Mr. Ehtisham Ahmad
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Series:
IMF Working Papers
Volume/Issue:
Volume 2005: Issue 130
Language:
English
Publication Date:
01 Jun 2005
DOI:
https://doi.org/10.5089/9781451861495.001
ISBN:
9781451861495
ISSN:
1018-5941
Pages:
26
Keywords:
WP; central government; recipient government; government service; beneficiary government; equalization grant
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper examines a typology of grants that are used across the world, and places these in the context of the overall constitutional and legal framework for a country. It looks at the options for grants, given the need to maintain overall macroeconomic stability, efficiency in the use of scarce resources as well as reduced horizontal disparities. The role of central objectives in a decentralized framework is also assessed. The paper argues for a comprehensive framework for grants, as well as a proper institutional framework to manage grants systems.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund