Research Catalog

Title

Fiscal Relations across Government Levels [electronic resource] / Isabelle Joumard and Per Kongsrud

Author

Joumard, Isabelle.

Publication

Paris : OECD Publishing, 2003.

Details

Additional Authors

Kongsrud, Per.

Description

64 p.; 21 x 29.7cm.

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 and complicate macroeconomic management. 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 subnational 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 ...

Series Statement

OECD Economics Department Working Papers, 1815-1973 ; no.375

Uniform Title

OECD Economics Department Working Papers, no.375.

Subject

Economics

LCCN

10.1787/455513871742

OCLC

oecd-lib

Author

Joumard, Isabelle.

Title

Fiscal Relations across Government Levels [electronic resource] / Isabelle Joumard and Per Kongsrud

Imprint

Paris : OECD Publishing, 2003.

Series

OECD Economics Department Working Papers, 1815-1973 ; no.375

OECD Economics Department Working Papers, 1815-1973 ; no.375.

Connect to:

Full text online available onsite at NYPL

Indexed Term

Economics

Added Author

Kongsrud, Per.

Other Standard Identifier

10.1787/455513871742 doi