Worldwide Trends in Fiscal Decentralization*
نویسنده
چکیده
What is the best arrangement of fiscal powers and responsibilities between the different levels of government? This is a question at the center of policy debate in countries around the world (Bird, 1993). It is not an issue restricted to big countries, as many believe. Though it is an important concern in China and the United States, it is also under study in Nicaragua and the Baltics. Nor is it restricted to higher income countries -it is presently a major concern in Russia, India and the United States. Some countries answer the fiscal balance question with new policy thrusts, some with newly elected politicians with different views, and some even attempt to solve the issue by means of force.
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