On the Design and Effectiveness of Targeted Expenditure Programs

This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for budgeting frameworks and the types of information needed that might be amenable to formal contracting between the levels of government.

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Year of publication:	2004-11-01
Authors:	Ahmad, Ehtisham ; Martinez, Leonardo
Institutions:	International Monetary Fund (IMF)
Subject:	Transfer of real resources \| Government expenditures \| Fiscal management \| Economic models \| local government \| local governments \| local government officials \| intergovernmental relations \| local taxation

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 04/220 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005248215