Decentralization of the socialist state : intergovernmental finance in transition economies

Bibliographic Information

Decentralization of the socialist state : intergovernmental finance in transition economies

edited by Richard M. Bird, Robert D. Ebel, Christine I. Wallich

(World Bank regional and sectoral studies)

International Bank for Reconstruction and Development/The World Bank, c1995

Available at  / 17 libraries

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Note

Includes bibliographical references (p. 405-424) and index

Description and Table of Contents

Description

Emphasizes the importance of designing a well-functioning intergovernmental fiscal system for achieving the reform objectives of economies in transition. This study explores the issues involved in redesigning intergovernmental relations in Albania, Bulgaria, Hungary, Poland, Romania, the Russian Federation, and Ukraine, where extensive political and fiscal decentralization is now underway. The volume focuses on the elements of decentralization in the transitional economies that distinguish them from those in the rest of the world. The book shows that in the transition from a command to a market economy, designing a well-functioning intergovernmental fiscal system is a prerequisite for achieving other reform objectives: macroeconomic stability, private sector development, and a social safety net for those hurt by the transition. The study further demonstrates that a broader analytical framework than is conventionally involved in the study of intergovernmental finance is needed for analyzing fiscal issues in these economies.

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