Skip to Main Navigation

Fiscal aspect of evolving federations : issues for policy and research (anglais)

Recent experience with fiscal decentralization in many developing and transition economies has led many observers to question whether fiscal decentralization undermines macroeconomic stability. In several countries, transfers from central to lower-level governments have increased fiscal deficits at the central level, creating pressures on central banks to monetize additional debt, thus jeopardizing price stability. In other countries, central governments...
Voir la suite

INFORMATION

TÉLÉCHARGER

RAPPORT COMPLET

Version officielle du document (peut inclure des signatures etc…)

This document is being processed or is not available.