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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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Chapters in this book:

Ch 1 Frameworks for central–local government relations and fiscal sustainability , pp 3-63 Downloads
Peter Morgan and Long Trinh
Ch 2 Looking beyond conventional intergovernmental fiscal frameworks: principles, realities, and neglected issues , pp 64-100 Downloads
Paul Smoke
Ch 3 Federalism, fiscal space, and public investment spending: do fiscal rules impose hard-budget constraints? , pp 103-129 Downloads
Pinaki Chakraborty
Ch 4 Fiscal equalization schemes and subcentral government borrowing , pp 130-160 Downloads
Salvador Barrios and Diego Martínez-López
Ch 5 How well do subnational borrowing regulations work? , pp 161-220 Downloads
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 Downloads
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 Downloads
Qichun Zhang and Shufang Li
Ch 8 The government decentralization program in Indonesia , pp 276-305 Downloads
Anwar Nasution
Ch 9 A case study of central and local government finance in Japan , pp 306-332 Downloads
Shun-ichiro Bessho
Ch 10 Fiscal decentralization and local budget deficits in Viet Nam: an empirical analysis , pp 333-368 Downloads
Peter Morgan and Long Trinh
Ch 11 Debt dynamics, fiscal deficit, and stability in government borrowing in India: a dynamic panel analysis , pp 371-394 Downloads
Panchanan Das
Ch 12 Forms of government decentralization and institutional quality: evidence from a large sample of nations , pp 395-420 Downloads
Rajeev Goel and James Saunoris

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