Without much preparation, Indonesia, in 2000, at a stroke replaced the previous system of centralized government and development planning with a wide range of decentralization programs. The reforms gave greater authority, political power, and financial resources directly to regencies and...

This article examines the nature of India's federal system, and recent and potential reforms in its structure and working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers. These transfers are large, and are the major explicit...

Der »Donner der Weltgeschichte«, so Josef A. Schumpeter, sei nirgendwo so deutlich zu hören wie in der Finanzgeschichte. Das mag übertrieben sein, aber zweifellos stehen auch die öffentlichen Finanzen, heute immerhin 44 Prozent des deutschen Bruttoinlandsprodukts, im Zentrum sozialer und...