Vaillancourt, Francois; Bird, Richard M. - International Center for Public Policy, Andrew Young … - 2004
Intergovernmental transfers are a major source of revenue for sub-national (regional and local) governments (hereafter SNG), representing 60 percent of their total revenue for developing countries and 33 percent for OECD countries (Shah, 2004). The continued and even growing decentralization...
