"Recognising the regained importance of fiscal policy over the last two decades, this timely book provides much-needed insight into the manifold changes and challenges of fiscal policy and how it is adapting to the unpredictable nature of the 21st century. Fiscal Policy in a Turbulent Era brings...

Transfers and bailouts: enforcing local fiscal discipline with lessons from U.S. federalism / Robert P. Inman -- Constraining subnational fiscal behavior in Canada: different approaches, similar results? / Richard M. Bird and Almos Tassonyi -- Vertical imbalance and fiscal behavior in a welfare...

New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....