Fiscal federalism: issues and policies Rao, Hemlata

By: Material type: TextTextPublication details: New Delhi New Century Publications 2006Description: xi, 355 pISBN:
  • 9798177081021
Subject(s): DDC classification:
  • 336.54
Summary: Finance is the life blood of a government. Arrangements for finance are more tedious in a federal set up than in a unitary form of government. A federal set up creates a dual political system based on divided governmental functions and powers. Fiscal federalism deals with financial arrangements and their working in a federal policy. Imbalances between functional responsibilities and financial resources at different layers of the government are an inherent part of a federal policy. This is so because revenue-raising capacities and revenue needs of various federating units are different.. This book helps for appropriate policy formulation.
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Ahmedabad 336.54 R2F4 (Browse shelf(Opens below)) Available 159373
Total holds: 0

Finance is the life blood of a government. Arrangements for finance are more tedious in a federal set up than in a unitary form of government. A federal set up creates a dual political system based on divided governmental functions and powers. Fiscal federalism deals with financial arrangements and their working in a federal policy. Imbalances between functional responsibilities and financial resources at different layers of the government are an inherent part of a federal policy. This is so because revenue-raising capacities and revenue needs of various federating units are different.. This book helps for appropriate policy formulation.

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