Shah, Anwar2012-05-252012-05-252008978-0-8213-6326-3https://hdl.handle.net/10986/6453The book is divided into two parts. The first part macro federalism provides a fresh look at emerging constitutional challenges arising from globalization and the information revolution, as well as the dynamic-efficiency and growth implications of existing federal constitutions. Several aspects of these systems are examined: (a) institutional design to achieve internal economic union; (b) policies for regional development; (c) conduct of monetary policy; (d) coordination of fiscal policies, with a special emphasis on tax harmonization; and (e) management of risks of insolvency from sub-national borrowing. The second part of the book local finance provides a comparative perspective on local finances and measures the progress of decentralized governance reforms in developing countries.en-USCC BY 3.0 IGOACCOUNTABILITYACCOUNTABILITY IN GOVERNANCEADMINISTRATIVE LAWALLOCATION OF RESOURCESAUTHORITYBANK FOR INTERNATIONAL SETTLEMENTSBANK OFFICEBORROWINGBORROWING POLICIESBUDGETARY INSTITUTIONSCAPITAL MARKETCAPITAL MARKET DEVELOPMENTCAPITAL MARKETSCENTRAL BANKINGCENTRAL BANKSCENTRAL GOVERNMENTSCITIZENSCOMMODITIESCOMMON MARKETCOMMUNICATION TECHNOLOGYCOMPETITION POLICYCONSTITUTIONCONSTITUTIONAL DESIGNCONSTITUTIONSCOPYRIGHT CLEARANCECOPYRIGHT CLEARANCE CENTERCORPORATE TAXESCORRUPTIONCURRENCYCUSTOMS UNIONDEBTDECENTRALIZATIONDECENTRALIZATION IN GOVERNMENTDECENTRALIZATION REFORMSDECISION MAKINGDEFICITSDEMOCRACIESDEMOCRACYDEMOCRATIC ACCOUNTABILITYDEVELOPING COUNTRIESDISTRIBUTION OF INCOMEDISTRIBUTION OF INCOMESDIVISION OF POWERSE-COMMERCEECONOMIC DEVELOPMENTECONOMIC INTEGRATIONECONOMIC POWERECONOMICSEUROPEAN CENTRAL BANKEXCHANGE SYSTEMEXTERNAL TRADEFACTORS OF PRODUCTIONFEDERAL GOVERNMENTFEDERAL STATESFEDERALISMFEDERATIONSFINANCIAL DEREGULATIONFINANCIAL DISTRESSFINANCIAL MANAGEMENTFINANCIAL TRANSACTIONSFISCAL DECENTRALIZATIONFISCAL FEDERALISMFISCAL MANAGEMENTFISCAL POLICIESFISCAL POLICYFISCAL RESOURCESFISCAL SYSTEM REFORMFISCAL TRANSPARENCYFIXED CAPITALFREE TRADEFREE TRADE AGREEMENTGLOBAL ECONOMIESGLOBALIZATIONGOOD GOVERNANCEGOODS MOBILITYGOVERNMENT ASSISTANCEGOVERNMENT CONSUMPTIONGOVERNMENT EXPENDITURESGOVERNMENT FINANCEGOVERNMENT INTERVENTIONGOVERNMENT REVENUEGOVERNMENT SPENDINGGOVERNMENT STRUCTURESGROSS DOMESTIC PRODUCTGROSS NATIONAL PRODUCTHARMONIZATIONHEDGE FUNDSHOME COUNTRYHUMAN CAPITALINCOME TAXINCOMESINDIGENOUS PEOPLESINDUSTRIAL COUNTRIESINFORMATION REVOLUTIONINSOLVENCYINSTITUTIONAL ARRANGEMENTSINSTITUTIONAL ENVIRONMENTINSTITUTIONAL MECHANISMSINSTITUTIONAL REFORMSINSTITUTIONAL STRUCTUREINTERGOVERNMENTAL FINANCEINTERGOVERNMENTAL FISCAL RELATIONSINTERGOVERNMENTAL TRANSFERSINTERNATIONAL COMPETITIONINTERNATIONAL FINANCEINTERNATIONALIZATIONJURISDICTIONJURISDICTIONSLAWYERLEGISLATIONLEGISLATIVE POWERLEVEL PLAYING FIELDLEVELS OF GOVERNMENTLOCAL AUTONOMYLOCAL FINANCELOCAL GOVERNMENTLOCAL GOVERNMENT EXPENDITURESLOCAL GOVERNMENT FINANCELOCAL GOVERNMENT ORGANIZATIONLOCAL GOVERNMENTSMACROECONOMIC MANAGEMENTMACROECONOMIC POLICYMACROECONOMICSMARKET ACCESSMEMBER STATESMINISTERSMINISTRY OF FINANCEMONETARY POLICYMULTINATIONAL CORPORATIONMULTINATIONAL CORPORATIONSMUNICIPAL BONDMUNICIPALITIESNATIONAL BANKNATIONAL BANK OF HUNGARYNATIONAL POLICIESNATIONSNATURAL RESOURCESOPEN ECONOMIESOPPORTUNISTIC BEHAVIOROUTPUTPBCPERSONAL INCOME TAX SURCHARGESPOLITICAL ECONOMYPOLITICAL POWERSPOLITICAL RISKPOLITICIANSPOOR GOVERNANCEPOST OFFICEPOVERTY ALLEVIATIONPRICE STABILITYPRIVATE MARKETPROPERTY TAXESPUBLIC EXPENDITUREPUBLIC FINANCEPUBLIC GOVERNANCEPUBLIC OFFICIALSPUBLIC POLICYPUBLIC SECTORPUBLIC SECTOR ACCOUNTABILITYPUBLIC SECTOR MANAGEMENTPUBLIC SECTOR PERFORMANCEPUBLIC SERVICEPUBLIC SERVICE PROVISIONPUBLIC SERVICESREGULATORSREGULATORY FRAMEWORKREGULATORY FRAMEWORKSREGULATORY POWERREGULATORY REGIMESREPRESENTATIVESREVOLUTIONSECURITIESSECURITIES INDUSTRYSECURITIES REGULATIONSECURITY CONCERNSSENATESINGLE MARKETSKILLED WORKERSSOCIAL EQUITYSOCIAL POLICIESSOCIAL POLICYSOCIAL PROGRAMSSOCIAL RISKSOCIAL SECURITYSOCIAL SERVICESSOVEREIGNTYSTABILIZATION POLICYSTATE BANKSTATE FINANCESUBNATIONAL FINANCESUBNATIONAL GOVERNMENTSSUBSIDIARYTAXTAX ADMINISTRATIONTAXATIONTRADE FLOWSTRANSITION COUNTRIESTREASURYTYPES OF INSTRUMENTSUSER CHARGESVALUE ADDED TAXESVETOWAGESWORLD TRADEWorld Bank10.1596/978-0-8213-6326-3