Central and Local Government Relations in Asia: Achieving Fiscal Sustainability - Couverture rigide

Couverture rigide

ISBN 10 : 1786436868 ISBN 13 : 9781786436863

Editeur : Edward Elgar Publishing Ltd, 2017

Synopsis

Sustainable and inclusive growth in emerging Asian economies requires high levels of public investment in areas such as infrastructure, education, health, and social services. The increasing complexity and regional diversity of these investment needs, together with the trend of democratization, has led to fiscal decentralization being implemented in many Asian economies. This book takes stock of some major issues regarding fiscal decentralization, including expenditure and revenue assignments, transfer programs, and the sustainability of local government finances, and develops important findings and policy recommendations.

The book's expert contributors assess the current state of the allocation of expenditures and revenues between central and local governments in emerging Asian economies, and discuss their major strengths and weaknesses. They also present relevant case studies of experiences and reform measures related to strengthening and monitoring local government finance, including the implications of expanded fiscal capacity for infrastructure investment and other public spending. Covering the major Asian economies of the People's Republic of China, India, Indonesia, and Japan, among others, the book focuses on the economic incentives of transfer schemes, how intergovernmental fiscal equalization works, and how subnational government borrowing regulations could influence debt dynamics and the fiscal deficits of local governments.

This book's insightful analysis will be essential reading for policymakers in Asian economies, and academics and researchers in the areas of economic development, public finance, and fiscal policy as well as development aid officials, multilateral banks, and NGOs.

Contributors include: S. Barrios, S.-i. Bessho, P. Chakraborty, P. Das, Z. Fan, R.K. Goel, S. Li, D. Martínez-López, J. Martinez-Vazquez, P.J. Morgan, A. Nasution, J.W. Saunoris, P. Smoke, L.Q. Trinh, V. Vulovic, G. Wan, N. Yoshino, Q. Zhang

A propos du livre

À propos de l'auteur

Edited by Naoyuki Yoshino, Emeritus Professor, Keio University, Japan and Director,Financial Research Center, FSA Institute, Government of Japan and Peter J. Morgan, Principal Consultant, PJM Consulting, Georgia, USA

Détails de l'édition

• Éditeur: Edward Elgar Publishing Ltd
• Date d'édition: 2017
• Langue: anglais
• ISBN 10: 1786436868
• ISBN 13: 9781786436863
• Reliure: Relié
• Nombre de pages: 448
• Éditeur: Yoshino Naoyuki, Morgan Peter J.
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible