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    Fiscal Decentralization in Asia: Challenges and Opportunities
    Unavailable
    Fiscal Decentralization in Asia: Challenges and Opportunities
    Unavailable
    Fiscal Decentralization in Asia: Challenges and Opportunities
    Ebook25 pages11 minutes

    Fiscal Decentralization in Asia: Challenges and Opportunities

    By Jorge Martinez-Vazquez

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    This publication discusses the decentralization issues faced by countries of Asia and the Pacific. It includes practical suggestions on how to proceed in this area to achieve economic growth, macroeconomic stability, poverty and income distribution, services delivery improvements, and political accountability. This note elaborates on adequacy of local revenues and autonomy, expenditure management and clear service delivery mandates, horizontal imbalances and limited use of incentives in intergovernmental transfers, financing needs and local government borrowing, and local management capacities as the major challenges in a decentralized fiscal architecture. The recommendations to address the above challenges also note the long- term nature of these reforms.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateApr 1, 2011
    ISBN9789290923053
    Unavailable
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