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Serdar Yilmaz
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Serdar Yilmaz: World Bank Institute

A chapter in Fiscal Equalization, 2007, pp 363-367 from Springer

Abstract: Abstract Intergovernmental transfers, as essential components of intergovernmental fiscal arrangements, are extensively studied in the public-finance literature. However, no matter how much guidance the theory provides on the objectives and design of an intergovernmental transfer system, the implementation of any proposed system is a difficult task, especially when the systme strives to achieve equalization. The chapters in this section give us a broad view of the extent and nature of the difficulties in implementing an equalization transfer system. They offer practical tools and different approaches to mitigate potential stumbling blocks in designing an equalization system.

Date: 2007
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DOI: 10.1007/978-0-387-48988-9_14

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