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Fiscal Equalization

Challenges in the Design of Intergovernmental Transfers

  • Jorge Martinez-Vazquez
  • Bob Searle

Table of contents

  1. Front Matter
    Pages i-x
  2. Introduction

    1. Front Matter
      Pages 1-1
  3. The Nature of Equalization - Objectives and Consequences

    1. Front Matter
      Pages 11-11
    2. Jeffrey D. Petchey, Sophia Levtchenkova
      Pages 13-30
    3. Bert Hofman, Susana Cordeiro Guerra
      Pages 31-59
    4. Catherine Hull, Bob Searle
      Pages 61-93
    5. David Péloquin
      Pages 129-137
  4. The Institutional Setting

  5. Challenges in Implementing Equalizaton

    1. Front Matter
      Pages 257-257
    2. Richard Bird, François Vaillancourt
      Pages 259-289
    3. Sophia Levtchenkova, Jeffrey D. Petchey
      Pages 345-362
    4. Serdar Yilmaz
      Pages 363-367
  6. The Relationship of Equalization to Other Policies

    1. Front Matter
      Pages 369-369
    2. Bob Searle, Jorge Martinez-Vazquez
      Pages 403-434
    3. RÉmy Prud’homme
      Pages 453-460
  7. The Bigger Picture

    1. Front Matter
      Pages 461-461
    2. Musharraf R. Cyan
      Pages 485-495
  8. Back Matter
    Pages 497-501

About this book

Introduction

These original essays highlight the state of knowledge in intergovernmental transfer design. They represent creative new thinking about challenging policy issues and offer useful options for policy makers. Five specific themes are covered in separate sections. They include:

The fundamental nature and objectives of equalization grants and their consequences on efficiency and equity;

The appropriate institutional setting for the design and implementation of equalization grant systems;

The challenges in the design of formulas with limited data availability for recurrent and capital purposes;

The coordination of equalization grants with other related policies;

The political economy behind equalization transfers.

 

"There is a genuine need for this book; it will become a 'benchmark' reference.  I am impressed with its content, organization, readability, and fresh thematic approach."

Robert D. Ebel, The World Bank

 

 

Keywords

Fiscal Equalization Grants Poverty development economy efficiency infrastructure migration options organization organizations population strategy transition value-at-risk

Editors and affiliations

  • Jorge Martinez-Vazquez
    • 1
  • Bob Searle
    • 2
  1. 1.Department of Economics, Andrew Young School of Policy StudiesGeorgia State UniversityAtlantaUSA
  2. 2.Consultant on Fiscal Decentralization, Formerly the Commonwealth Grants CommissionAustralian GovernmentAustralia

Bibliographic information

  • DOI https://doi.org/10.1007/978-0-387-48988-9
  • Copyright Information Springer Science+Business Media, LLC 2007
  • Publisher Name Springer, Boston, MA
  • eBook Packages Business and Economics
  • Print ISBN 978-0-387-48987-2
  • Online ISBN 978-0-387-48988-9
  • Buy this book on publisher's site