Intergovernmental transfers are made either to offset fiscal disadvantages of the States or to upgrade specified public services to normative standards in the deficient States. Yet, the transfers designed in the Indian context fail to satisfactorily take account of these objectives. An attempt...

The mainstream literature on normative framework on fiscal federalism has been largely developed keeping in view the advanced market economies. It is necessary to modify these before they are applied to developing transitional economies to take account of the haracteristics of these economies,...

The Thirteenth Finance Commission faces challenging times. Despite improvement, the fiscal situation continues to be a matter of concern when off budget liabilities and other fiscal risks are considered. In the changing situation of increasing oil prices on the one hand and surge in capital...

This paper examines the evolution and functioning of fiscal decentralisation process and intergovernmental finance in the Republic of South Africa (RSA). It analyses the system of dividing revenues among the three spheres of government. The paper highlights the challenges of designing and...

Most discussions of India's substantive economic growth since the 1990s tend to focus on national level statistics or on particular sectors such as the financial and call service sectors or on the pharmaceutical industry. But with a population of 1.2 billion, India demands to be treated like a...

For large countries, an agenda of integration, deregulation, and natural resource management reform typically cannot be fully pursued without the active participation of sub-national governments. Most of the literature about federalism and reform is about the reform of federalism, and focuses on...

Focussing on reforms with a human face this volume examines the multi-dimensional realtionship between poverty and growth elaborating on effective and equitable instruments to raise resources necessary for human development and creation of physical infrastructure to facilitate empowerment to the...