invite you to a discussion featuring a new World Bank publication on
intergovernmental fiscal transfers
Wednesday, April 18, 2007 from 12:30pm - 2:00pm
World Bank J Building J1- 050
701 18th St. NW (corner of 18th St. and Pennsylvania Ave.)
For non Bank staff please RSVP to infoshopevents@worldbank.org
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Intergovernmental Fiscal Transfers
Edited by Robin Boadway and Anwar Shah
Intergovernmental fiscal transfers are a dominant feature of sub-national
finance in most countries. They are used to ensure that revenues roughly match
the expenditure needs of various orders (levels) of sub-national governments.
They are also used to advance national, regional and local area objectives such
as fairness and equity and in creating a common economic union. The structure
of these transfers creates incentives for national, regional and local
governments that have a bearing on fiscal management, macroeconomic stability,
distributional equity, allocational efficiency, public service delivery and
government accountability. This book reviews the conceptual, and empirical
literature to distill lessons for policy makers looking to design fiscal
transfers in a manner that creates incentives for prudent fiscal management and
effective service delivery. The book covers new ground in providing practical
guidance on the design of (a) performance-oriented (output-based) transfers that
emphasize bottom-up client-focused and results-based government accountability
and (b) equalization transfers for regional fiscal equity and the institutional
arrangements for implementation of such transfers.
This book advances the World Bank Institute agenda on knowledge sharing and
learning from cross-country experiences with a view to supporting public
governance better. It is intended to assist policy makers in making more
informed choices on strengthening public sector governance and on improving
social outcomes for their citizens. The book has received plaudits from leading
practitioners e.g. Alan Morris, Chairman of the Commonwealth Grants Commission
in Australia writes, " This book should be required reading for anyone
interested in importance of intergovernmental fiscal arrangements in
contributing to better outcomes for citizens."
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Chaired by
Samy Watson
Executive Director, World Bank
Commentary by
Anwar Shah
Lead Economist and Program Leader, Public Sector Governance, World Bank
Institute
Remarks by
Paul Boothe
Director, Institute for Public Economics, Edmonton, Canada and Former Associate
Deputy Minister of Finance, Canada and Deputy Minister of Finance, Saskatchewan
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For more information and to order this title, please visit
Intergovernmental Fiscal Transfers
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providing internal and external audiences access to over 6000 titles published
by the World Bank, other international organizations, and other publishers on
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For more information, visit: http://www.worldbank.org/infoshop
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