Contents: Foreword by Richard Bird -- 1 Introduction to the volume / Serdar Yilmaz and Farah Zahir -- Part I: Conceptual issues -- 2. The architecture of intergovernmental transfers: principles and practice in low- and middle-income countries / Roy W. Bahl Jr -- 3. Issues in intergovernmental...

Fiscal decentralization provides the link between incentives for better performance of the local government and the elected support from the citizens and is, therefore, essential for an effective system of decentralization. The purpose of this note is to elucidate components of a well-designed...

We estimate the effect of legislative term limits on various categories of state government spending using the most recent panel of 47 states from 1972 to 2005. Besides the usual economic, political, fiscal and demographic factors, we also control for the state tax and expenditure limitations....