000 03683cam a22006134a 4500
001 4039
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2006 dcu i001 0 eng
024 8 _a10.1596/1813-9450-4039
035 _a(The World Bank)4039
100 1 _aShah, Anwar
245 1 2 _aA Practitioner's Guide To Intergovernmental Fiscal Transfers
_h[electronic resource] /
_cShah, Anwar
260 _aWashington, D.C.,
_bThe World Bank,
_c2006
300 _a1 online resource (51 p.)
520 3 _aIntergovernmental fiscal transfers are a dominant feature of subnational finance in most countries. They are used to ensure that revenues roughly match the expenditure needs of various orders (levels) of subnational governments. They are also used to advance national, regional, and local area objectives, such as fairness and equity, and creating a common economic union. The structure of these transfers creates incentives for national, regional, and local governments that have a bearing on fiscal management, macroeconomic stability, distributional equity, allocative efficiency, and public services delivery. This paper reviews the conceptual, empirical, and practice literature to distill lessons of policy interest in designing the fiscal transfers to create the right incentives for prudent fiscal management and competitive and innovative service delivery. It provides practical guidance on the design of performance-oriented transfers that emphasize bottom-up, client-focused, and results-based government accountability. It cites examples of simple but innovative grant designs that can satisfy grantors' objectives while preserving local autonomy and creating an enabling environment for responsive, responsible, equitable, and accountable public governance. The paper further provides guidance on the design and practice of equalization transfers for regional fiscal equity as well as the institutional arrangements for implementation of such transfer mechanisms. It concludes with negative (practices to avoid) and positive (practices to emulate) lessons from international practices.
650 4 _aDebt Markets
650 4 _aDistributional Equity
650 4 _aEqualization
650 4 _aEquity
650 4 _aFinance
650 4 _aFinance and Financial Sector Development
650 4 _aFinancial Literacy
650 4 _aFiscal Management
650 4 _aGrant Designs
650 4 _aGrant Programs
650 4 _aGrants
650 4 _aHealth, Nutrition and Population
650 4 _aInfrastructure
650 4 _aIntergovernmental Finance
650 4 _aIntergovernmental Fiscal Relations and Local Finance Management
650 4 _aIntergovernmental Transfers
650 4 _aLocal Autonomy
650 4 _aLocal Governments
650 4 _aMacroeconomic Stability
650 4 _aMunicipal Financial Management
650 4 _aPopulation Policies
650 4 _aPublic
650 4 _aPublic Finance Decentralization and Poverty Reduction
650 4 _aPublic Sector Economics and Finance
650 4 _aPublic Sector Expenditure Analysis and Management
650 4 _aPublic Sector Management and Reform
650 4 _aPublic Service
650 4 _aRevenue
650 4 _aRevenues
650 4 _aServices
650 4 _aSubnational Governments
650 4 _aUrban Development
700 1 _aShah, Anwar
776 1 8 _aPrint version:
_iShah, Anwar.
_tA Practitioner's Guide To Intergovernmental Fiscal Transfers.
_dWashington, D.C., The World Bank, 2006
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-4039
999 _c139800
_d139800