Central and Local Government Relations in Asia

Contents:

Preface

Part I Frameworks for Central-Local Government Relations
1. Frameworks for central-local government relations and fiscal sustainability
Peter J. Morgan and Long Q. Trinh

2. Looking beyond conventional intergovernmental fiscal frameworks: principles, realities, and neglected issues
Paul Smoke

Part II Mechanisms for Promoting Fiscal Sustainability at the Local Government Level
3. Federalism, fiscal space, and public investment spending: do fiscal rules impose hard budget constraints?
Pinaki Chakraborty

4. Fiscal equalization schemes and subcentral government borrowing
Salvador Barrios and Diego Martinez-Lopez

5. How well do subnational borrowing regulations work?
Jorge Martinez-Vazquez and Violeta Vulovic

Part III Country Studies of Central-Local Government Relations
6. The fiscal risk of local government revenue in the People's Republic of China
Ziying Fan and Guanghua Wan

7. Key issues of central and local government finance in the People's Republic of China
Qichun Zhang and Shufang Li

8. Government decentralization program in Indonesia
Anwar Nasution

9. Case study of central and local government finance in Japan
Shun-ichiro Bessho

10. Fiscal decentralization and local budget deficits in Viet Nam: an empirical analysis
Peter J. Morgan and Long Q. Trinh

Part IV Behavioral Implications of Central-Local Government Relations
11. Debt dynamics, fiscal deficit, and stability in government borrowing in India: a dynamic panel analysis
Panchanan Das

12. Forms of government decentralization and institutional quality: evidence from a large sample of nations
Rajeev K. Goel and James W. Saunoris

Index

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• Economia do desenvolvimento
• Finanças públicas
• Governo central
• Governo regional

Fiscal decentralization; expenditure assignments; revenue assignments; fiscal transfer programs; local government budgets; fiscal sustainability