The reform of intergovernmental fiscal relations in developing and emerging market economies

摘要: An important dimension of public sector reform in developing and emerging market economies has been the loosening central control over private lower level governments. Anwar Shah's overview principles best practices fiscal federalism should help guide policy debates on restructuring intergovernmental arrangements. Strong emphasis planning impedes innovative responses to local issues by governments stymies development. Decentralization be rule, Shah contends, unless a strong case can made for centralizing specific responsibilities. Local services provided more efficiently if expenditures closely match needs preferences. More linking benefits costs also promotes accountability. Increased autonomy mobilize revenue from sources, improving country's position. And decentralized decisionmaking encourages participation Constitutional responsibilities stated clearly precisely. Tax spending assignments determined simultaneously, so means are matched as possible at each government. The Reform Intergovernmental Fiscal Relations Developing Emerging Market Economies