The main objective of this fiscal note is to assist the Government of Andhra Pradesh (GoAP) in meeting the challenges mentioned above. To this end, it provides input into the state's rolling medium-term fiscal framework exercise. The new Fiscal Responsibility and Budget Management (FRBM) act...

Despite strongly equalized per capita revenue and similar budgetary institutions, fiscal performance is increasingly diverging across German federal states. Given that state and local governments are endowed with expenditure autonomy, this paper investigates whether the composition of...