This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to...

An equalization system ensures that subnational governments can provide similar level of public services at a comparable level of own tax-effort. This paper focuses on the importance of spending needs factors in the design of equalization transfers as well as special purpose transfers-and the...

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...

The paper empirically analyzes the incentive effects of equalizing transfers on business tax policy by exploiting a natural experiment in the state of Lower Saxony which changed its equalization formula as of 1999. We resort to within-state and across-state difference-in-difference estimates to...

This study attempts to provide an alternative methodology to calculate the horizontal equalization transfers. This methodology follows the Australian horizontal equalization principle using a panel model methodology where both revenue and expenditure side considerations are involved. First, it...

The paper presents the theoretical and methodological foundations of Ukraine's state legislation regulating the economic development of territories, in the context of budget decentralization. The study also describes the transformation of the public administration system necessitated by the...

The article is devoted to the definition, systematization classification of various organized settlements of low-rise houses building. The author shows that such a settlement is a complex object and a separate economic and legal entity. Currently, economic, social and law points typical of the...

В статье рассмотрена экономическая сущность финансовой самостоятельности местного самоуправления. Выделены основные проблемы в системе формирования местных...

Цель статьи заключается в изучении, анализе и оценке состояния доходов местных бюджетов. Определены основные источники наполнения доходов местных бюджетов...

Рассмотрена суть местных бюджетов и возможные пути увеличения их доходной части в кризисный период. Предложены возможные варианты увеличения поступлений в...