On the Implementation of Transfers to Subnational Governments

Bob Searle and Ehtisham Ahmad

No 2005/130, IMF Working Papers from International Monetary Fund

Abstract: This paper examines a typology of grants that are used across the world, and places these in the context of the overall constitutional and legal framework for a country. It looks at the options for grants, given the need to maintain overall macroeconomic stability, efficiency in the use of scarce resources as well as reduced horizontal disparities. The role of central objectives in a decentralized framework is also assessed. The paper argues for a comprehensive framework for grants, as well as a proper institutional framework to manage grants systems.

Keywords: WP; central government; recipient government; government service; beneficiary government; equalization grant (search for similar items in EconPapers)
Pages: 26
Date: 2005-06-01
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2005/130

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