Strengthening Fiscal Decentralization in Nepal’s Transition to Federalism PDF Download
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Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292696254
Category : Law
Languages : en
Pages : 143
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Book Description
This publication examines progress on the four main components of fiscal decentralization in Nepal since the country’s shift to a federal structure of governance in 2015. It covers the constitutional and legislative framework, implementation, reform efforts, and recommendations in (i) public expenditure assignment and budgeting, (ii) revenue mobilization, (iii) intergovernmental fiscal transfers, and (iv) subnational borrowing. The report also provides an overview of the institutional arrangements in Nepal for achieving the objectives of fiscal federalism, highlights reforms still needed, and draws lessons for a robust fiscal decentralization framework. It could also be useful to policymakers and stakeholders contemplating a similar state transition in other countries.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292696254
Category : Law
Languages : en
Pages : 143
Get Book Here
Book Description
This publication examines progress on the four main components of fiscal decentralization in Nepal since the country’s shift to a federal structure of governance in 2015. It covers the constitutional and legislative framework, implementation, reform efforts, and recommendations in (i) public expenditure assignment and budgeting, (ii) revenue mobilization, (iii) intergovernmental fiscal transfers, and (iv) subnational borrowing. The report also provides an overview of the institutional arrangements in Nepal for achieving the objectives of fiscal federalism, highlights reforms still needed, and draws lessons for a robust fiscal decentralization framework. It could also be useful to policymakers and stakeholders contemplating a similar state transition in other countries.
Author: Somalāla Suvedī
Publisher:
ISBN: 9788183631181
Category : Intergovernmental fiscal relations
Languages : en
Pages : 323
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Book Description
Author: Horst Zimmermann
Publisher:
ISBN:
Category : Local finance
Languages : en
Pages : 112
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Book Description
Author: Roy Bahl
Publisher: Edward Elgar Publishing
ISBN: 1786435306
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
This book draws on experiences in developing countries to bridge the gap between the conventional textbook treatment of fiscal decentralization and the actual practice of subnational government finance. The extensive literature about the theory and practice is surveyed and longstanding problems and new questions are addressed. It focuses on the key choices that must be made in decentralizing, on how economic and political factors shape the choices that countries make, and on how, by paying more attention to the need for a more comprehensive approach and the critical connections between different components of decentralization reform, everyone involved might get more for their money.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264912959
Category :
Languages : en
Pages : 290
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Book Description
Fiscal Federalism 2022 surveys recent trends and policies in intergovernmental fiscal relations and subnational government. Accessible and easy-to-read chapters provide insight into: good practices in fiscal federalism; the design of fiscal equalisation systems; measuring subnational tax and spending autonomy; promoting public sector performance across levels of government; digitalisation challenges and opportunities; the role of subnational accounting and insolvency frameworks; funding and financing of local government public investment; and early lessons from the COVID-19 crisis for intergovernmental fiscal relations.
Author: Catherine D. Farvacque-Vitkovic
Publisher: World Bank Publications
ISBN: 0821399144
Category : Business & Economics
Languages : en
Pages : 521
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Book Description
This book tells a fascinating story on municipal finances for local government practitioners with rich examples, global practices, and good and bad experiences the authors gained in decades of field work.
Author: R. K. Shah (Professor)
Publisher:
ISBN: 9789937105125
Category : Finance, Public
Languages : en
Pages : 208
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264174842
Category :
Languages : en
Pages : 156
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Book Description
This book deals with two issues. The first concerns the various measurement of fiscal decentralization in general and their usefulness for policy analysis. The second and more specific issue concerns the taxonomy of intergovernmental grants and the limits of the current classifications.
Author: Dev Raj Dahal
Publisher:
ISBN:
Category : Decentralization
Languages : en
Pages : 208
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Book Description
An attempt to expose the links between democracy and decentralization.
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1484399854
Category : Business & Economics
Languages : en
Pages : 29
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Book Description
This Selected Issues paper examines the degree to which inflation co-moves between India and a panel of countries in Asia. The paper shows that the considerable co-movement in headline inflation rates between India and Nepal is driven almost exclusively by food-inflation co-movement. By contrast, the role for inflation spillovers emanating from India in driving non-food inflation in Nepal appears limited. The implication is that Nepal should rely on domestic monetary policy rather than stable inflation in India to achieve stable domestic inflation. The main takeaway from the results is that food inflation co-movement between India and other countries is higher in cases where the co-movement in rainfall deviations from seasonal norms is highest. Since core inflation co-movement is weak, idiosyncratic domestic factors such as economic slack, exchange-rate movements, and differing degrees of passthrough from food- and energy-price shocks play an important role. This finding is critically important for monetary policy, especially since domestic policy is primarily effective only in controlling core inflation. Thus, domestic monetary policy needs to be calibrated to domestic inflationary pressures—Nepal cannot necessarily rely on stable inflation in India to achieve stable domestic inflation.
