Chanchal Kumar Sharma,in his paper demonstrates that in order for fiscal decentralisation to be effective, it must be approached federally. A federal approach is not a decentralised approach but a dynamically balanced approach; one that constantly keeps on adjusting the contrasting forces of...

Most countries especially the developing ones around the world are facing external as well as internal pressures to decentralize and are actually becoming part of the trend which if not universal is nonetheless the dominant trend. General causes include systemic forces like democratization and...

Though decentralization for past one and half decade or so has become the most favoured policy priority among the policy makers yet the countries around the world differ dramatically in the degree of decentralization that is accommodated. While diversity in degree of decentralization across the...

Decentralization since early 1990s has become one of the buzzwords of the development paradigms. Among all ingredients of decentralization, the fiscal component of it has a special significance. Not surprisingly the literature unanimously recognizes that it is the regulation of intergovernmental...

The most desirable system of allocations should avoid effi ciency losses, resulting from either fi nancial dependency, or subnational fi scal operations by striking a balance between fi scal autonomy and reliance on federal transfers of SNGs.

How do we know whether a country suffers from vertical fiscal imbalance (VFI)? What should be done about it? Academic appreciation of these issues in general, and the nature of political behaviour in particular, both have major implications for the way federations are fiscally structured. While...

This article restores the concept of vertical fiscal imbalance (VFI) to its original meaning. The literature shows that there is neither a universally accepted definition of VFI nor a commonly accepted approach to measuring it. Estimates of VFI are derived, much like accounting or deficit...

This paper presents an integrated analytical framework for the study of participatory local democracy weaved around the concepts of Governance, Governability and Governmentality. Drawing lessons from international experience, It focuses on the key determinants of the success of the local...

This paper presents an integrated analytical framework for the study of participatory local democracy weaved around the concepts of Governance, Governability and Governmentality. Drawing lessons from international experience, It focuses on the key determinants of the success of the local...

As the political and economic system of a nation changes over time, so do intergovernmental relations [IGR]. Since human interactions are at the core of IGR, certain institutional mechanisms are required to facilitate interactions among political incumbents. These are called “coordination...