REMINDER: InfoShop Book Launch Event - Intergovernmental Fiscal Transfers: Principles and Practice, ed. by Robin Boadway and Anwar Shah, Wednesday, April 18, 2007, 12:30-2:00 p.m.

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and
The Poverty Reduction & Economic Management, World Bank Institute
invite you to a discussion featuring a new World Bank publication on
intergovernmental fiscal transfers
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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.)
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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

About the InfoShop
The InfoShop is the public information center and development
bookstore of the World Bank. It functions as the only publicly
accessible space at headquarters, providing internal and external
audiences access to over 6000 titles published by the World Bank,
other international organizations, and other publishers on
development issues. It is a space where information and documents
on World Bank development operations, economic data, and strategies,
can be read easily and comfortably at workstations designed for
public use. In addition, the InfoShop hosts book launches,
exhibits, seminars, receptions, and other community outreach events,
and also carries videos, posters, CD-ROMs, and gift items. For
more information, visit: http://www.worldbank.org/infoshop

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Anwar Shah
Lead Economist and Program Leader, Public Sector Governance
World Bank Institute, Room J4-153
World Bank, MSN J4-403
1818 H Street, NW, Washington, DC 20433, USA
Tel: (202) 473-7687;Fax: (202) 676-9810
E-mail: ASHAH@WORLDBANK.ORG
www.worldbank.org/wbi/publicfinance
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