There appears to be an increasing trend in worldwide fiscal decentralization. In particular, many developing countries are turning to various forms of fiscal decentralization as an escape from inefficient and ineffective governance, macroeconomic stability, and inadequate growth. Fiscal Decentralization in Developing Countries: An Overview edited by Professors Bird and Vaillancourt and featuring important research from leading scholars assesses the progress, problems and potentials of fiscal decentralization in a variety of developing countries around the world. With rich and varied case-study material from countries as diverse as India, China, Colombia, Bosnia-Herzegovina and South Africa this volume complements neatly the collection Fiscal Aspects of Evolving Federations edited by David Wildasin and also published by Cambridge, which presented theoretical advances in the area of research.
• Includes a thorough review of the major issues and problems of fiscal decentralization in developing countries • Detailed analysis of developments in a number of important countries including India and China • Part of the distinguished Trade and Development series
List of tables; List of contributors; Preface; 1. Fiscal decentralization in developing countries: an overview Richard M. Bird and François Vaillancourt; 2. China: evaluating the impact of intergovernmental fiscal reform Roy W. Bahl; 3. India: intergovernmental fiscal relations in a planned economy M. Govinda Rao; 4. Indonesia and Pakistan: fiscal decentralization - an elusive goal? Anwar Shah; 5. Morocco and Tunisia: financing local governments - the impact on infrastructure finance François Vaillancourt; 6. Colombia: the central role of the central government in fiscal decentralization Richard M. Bird and Ariel Fiszbein; 7. Argentina: fiscal federalism and decentralization Ernesto Rezk; 8. South Africa: an intergovernmental fiscal system in transition Junaid K. Ahmad; 9. Bosnia-Herzegovina: fiscal federalism - the Dayton challenge William Fox and Christine Wallich; Index.