Central and Local Government Relations in Asia

Edited by Naoyuki Yoshino () and Peter Morgan

in Books from Edward Elgar Publishing

Abstract: Sustainable and inclusive growth in emerging Asian economies requires high levels of public investment in areas such as infrastructure, education, health, and social services. The increasing complexity and regional diversity of these investment needs, together with the trend of democratization, has led to fiscal decentralization being implemented in many Asian economies. This book takes stock of some major issues regarding fiscal decentralization, including expenditure and revenue assignments, transfer programs, and sustainability of local government finances, and develops important findings and policy recommendations.

Keywords: Asian Studies; Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2017
ISBN: 9781786436863
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Citations: View citations in EconPapers (6)

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Chapters in this book:

Ch 1 Frameworks for central–local government relations and fiscal sustainability , pp 3-63

Peter Morgan and Trinh Long

Ch 2 Looking beyond conventional intergovernmental fiscal frameworks: principles, realities, and neglected issues , pp 64-100

Paul Smoke

Ch 3 Federalism, fiscal space, and public investment spending: do fiscal rules impose hard-budget constraints? , pp 103-129

Pinaki Chakraborty

Ch 4 Fiscal equalization schemes and subcentral government borrowing , pp 130-160

Salvador Barrios and Diego Martínez-López

Ch 5 How well do subnational borrowing regulations work? , pp 161-220

Jorge Martinez-Vazquez and Violeta Vulovic

Ch 6 The fiscal risk of local government revenue in the People’s Republic of China , pp 223-249

Ziying Fan and Guanghua Wan

Ch 7 Key issues of central and local government finance in the People’s Republic of China , pp 250-275

Qichun Zhang and Shufang Li

Ch 8 The government decentralization program in Indonesia , pp 276-305

Anwar Nasution

Ch 9 A case study of central and local government finance in Japan , pp 306-332

Shun-ichiro Bessho

Ch 10 Fiscal decentralization and local budget deficits in Viet Nam: an empirical analysis , pp 333-368

Peter Morgan and Trinh Long

Ch 11 Debt dynamics, fiscal deficit, and stability in government borrowing in India: a dynamic panel analysis , pp 371-394

Panchanan Das

Ch 12 Forms of government decentralization and institutional quality: evidence from a large sample of nations , pp 395-420

Rajeev Goel and James Saunoris

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