By Jorge Martinez-Vazquez, Bob Searle
In this ebook, specialists from around the globe spotlight the nation of data in intergovernmental move layout. The essays gathered within the quantity characterize artistic new puzzling over not easy coverage matters and supply important concepts for coverage makers. The ebook bargains lecturers and practitioners an intensive, thematic review of unresolved matters within the layout of equalization grants.
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Additional info for Fiscal Equalization: Challenges in the Design of Intergovernmental Transfers
No; matching grants from central government agencies (augmentation funds) are proportionally small and usually subject to political interests. No; absence of conditional grants in the conventional use of the term but targeted national programs which function in a similar way (see below). Thailand difficulties for LG planning and managing finances throughout fiscal year. Yes; other general grants include: tax effort promotion, local good governance promotion, devolution of compensatory functions; train ticket compensation; local development and education.
Disparities in revenues per capita after grants translate into disparities in expenditures per capita, although not one-to-one. The difference may be access to borrowing, or use of built up reserves. 4 Do Fiscal Disparities Matter? Do the observed fiscal disparities matter? Policy makers may be concerned about these disparities for a number of reasons, but from a poverty alleviation perspective they matter if they translate into large disparities in service delivery and service outcomes among subnational governments.
There is no reason, a priori, for the sum of the aggregate grants across all States to exactly exhaust the available grant pool, G. e. that the sum of the aggregate grants exactly exhausts the pool. The last term, C ,in (6) is included to do just that. An explicit expression for c is derived in Annex A. A State also perceives its population size to be a function of its own policy choice. To see this, note that for given q,, q,,p,, p,, s, g, andg,, constraints (i) and (ii) determine n , andn,. We know that g, and g2 are hnctions of s, N, public good prices, CGC variables and joint State policies.