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  • 1
    Language: English
    Pages: 1 Online-Ressource (circa 42 Seiten) , Illustrationen
    Series Statement: OECD economic policy paper no. 28 (April 2020)
    Series Statement: OECD Economic Policy Papers no.28
    Keywords: Economics ; Australia ; Austria ; Belgium ; Brazil ; Canada ; China, People’s Republic ; Czech Republic ; Denmark ; Finland ; France ; Germany ; India ; Indonesia ; Italy ; Japan ; Korea, Republic of ; Mexico ; Netherlands ; Norway ; Spain ; Switzerland ; United States ; Amtsdruckschrift ; Graue Literatur
    Abstract: The design of intergovernmental fiscal relations can help to ensure that tax and spending powers are assigned in a way to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide better public services for households and firms, while it can also make intergovernmental frameworks more complex, harming equity. The challenges of fiscal federalism are multi-faceted and involve difficult trade-offs. This synthesis paper consolidates much of the OECD’s work on fiscal federalism over the past 15 years, with a particular focus on OECD Economic Surveys. The paper identifies a range of good practices on the design of country policies and institutions related strengthening fiscal capacity delineating responsibilities across evels of government and improving intergovernmental co-ordination.
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  • 2
    Language: English
    Pages: 1 Online-Ressource (44 p.)
    Series Statement: OECD Working Papers on Fiscal Federalism no.36
    Keywords: Finance and Investment ; Governance ; Taxation
    Abstract: Fiscal equalisation refers to the transfer of financial resources to and between subnational governments with the aim of mitigating regional differences in fiscal capacity and expenditure needs. However, the determination of fiscal capacity and expenditure needs is not a straightforward task. OECD countries use widely varying mechanism design approaches in their equalisation systems. This paper compares national approaches, covering the three modes of fiscal equalisation: pure revenue equalisation, revenue/cost equalisation and gap-filling equalisation, describing the distinct impacts of each approach on subnational revenue disparities. A clear inverse relationship emerges between the size of the cost-equalising component within a system and the percentage change in subnational per capita revenue disparities after equalising transfers are applied, although no significant relationship emerges between equalisation and regional convergence.
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