Fiscal Federalism 2016 surveys recent trends and policies in intergovernmental fiscal relations and sub-central government. Accessible and easy-to read chapters provide insight: into growing spending and tax devolution- the fiscal constitutions of federal countries- how immovable property taxation is regaining its former significance- on the true spending power of sub central governments- on the mix between own tax resources and intergovernmental grants- and on the role of fiscal rules and good budget frameworks for sustainable debt management at the state and local level.
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