- Additional Authors
- Kongsrud, Per Mathis.
- Found In
- OECD Economic Studies Vol. 2003, no. 1, p. 155-229 1609-7491
- Description
- 78 p.
- Summary
- Despite its apparent advantages, devolution of fiscal responsibilities has not proceeded evenly over the past two decades. Decentralisation can strengthen the democratic process, allow governments to tailor the supply of public goods to local preferences and introduce some competition across jurisdictions, thus raising public sector efficiency. It can, however, entail efficiency losses and make it difficult to implement redistributive policies. On the spending side, local provision may fail to exploit economies of scale and internalise territorial spillovers – a serious issue since few public goods are purely local by nature. On the revenue side, few tax bases can be exploited by sub-national governments without risking making national objectives difficult to achieve and raising serious distributive concerns. This paper, which is largely based on country experiences in mitigating the potential drawbacks of decentralisation while obtaining most of its benefits, provides a framework for assessing fiscal relations across levels of government...
- Subject
- Economics
- LCCN
- 10.1787/eco_studies-v2003-art5-en
- OCLC
- oecd-lib-003633
- Author
Joumard, Isabelle.
- Title
Fiscal Relations across Government Levels [electronic resource] / Isabelle Joumard and Per Mathis Kongsrud
- Imprint
Paris : OECD Publishing, 2003.
- Connect to:
- Indexed Term
Economics
- Added Author
Kongsrud, Per Mathis.
- Found In:
OECD Economic Studies Vol. 2003, no. 1, p. 155-229 2003:1<155 1609-7491
- Other Editions:
Les relations financières entre l'État et les collectivités locales fre (FR-PaOEC)eco_studies-v2003-art5-fr
- Other Standard Identifier
10.1787/eco_studies-v2003-art5-en doi