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The reform of fiscal systems in developing and emerging market economies : a federalism perspective (英语)

The authors review experiences with fiscal federalism in industrial countries and present a framework for a reform of fiscal systems in developing and transition economies. They indicate how the benefits of decentralized decisionmaking in a federal system can be achieved in a manner consistent with the objectives of national efficiency and equity. The following are their suggestions. Decentralization can be made compatible with national objectives...
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