Frontmatter -- Acknowledgments / Marshall, A. H. -- Preface -- Contents -- Chapter I. Internal Organization of Local Authorities -- Chapter II. The Principles of Financial Administration -- Chapter III. The Finance Committee -- Chapter IV. The Chief Financial Officer -- Chapter V. The Chief...

In India an important policy initiative has been the devolution of financial responsibilities to village level local governments called the Panchayats. The Preamble to this initiative is two fold. First such devolution would not only lead to increased public expenditure but also such...

The objective of democratic decentralization is to enable institutions at the grassroots level to take decisions in matters related to the day to day life of the people. Transparency and accountability do not happen on their own: they have to be promoted and delivered by performing institutions....