Series: IMF Working Papers
Author(s): Ehtisham Ahmad , and Leonardo Martinez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2004
Keywords: Fiscal federalism, special purpose transfers, local government, local governments, local government officials, intergovernmental relations, State and Local Taxation, Subsidies, and Revenue,
This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for b...