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Until Debt Do Us Part
With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Rapid urbanization in developing countries requires large-scale infrastructure financing to help absorb influxes of rural populations. Borrowing enables state and local governments to capture the benefits of major capital investments immediately and to finance infrastructure more equitably across multiple generations of service users. With debt comes the risk of insolvency. Subnational debt crises have reoccurred in both developed and developing countries. Restructuring debt and ensuring its sustainability confront moral hazard and fiscal incentives in a mul...
Local Governance in Developing Countries
This book provides a new institutional economics perspective on alternative models of local governance, offering a comprehensive view of local government organization and finance in the developing world. The experiences of ten developing/transition economies are reviewed to draw lessons of general interest in strengthening responsive, responsible, and accountable local governance. The book is written in simple user friendly language to facilitate a wider readership by policy makers and practitioners in addition to students and scholars of public finance, economics and politics.
Development Centre Seminars Fiscal Decentralisation in Emerging Economies Governance Issues
This collection of experiences of fiscal decentralisation across a wide range of OECD-Member and non-member economies reveals lessons which are equally of relevance to both groups of countries.
The Psychology of Poverty Alleviation
Explores the psychological insights needed to establish successful poverty-alleviation programs in developing countries without destructive conflict.
The Economics of Government
Public finance is an important branch of economics. Over the years it has become more important, more controversial, and more complex. Much of the academic writing on it is highly theoretical, and it is often done by economists who have had little real world experience. Vito Tanzi has been continually engaged in this field for almost six decades, as a professor of public finance, a practitioner of it in many countries, and as a researcher, and has witnessed first-hand the growing gap between theoretical work and the real life practice of public finance. Public finance has come to be increasingly influenced by the pursuit of multiple government goals and by the growing complexity that now cha...
The Brazilian Economy
Bringing the analysis of Brazil's economic performance up to date, Baer's classic text remains the only book in English to provide a thorough historical, statistical, and institutional description of the Brazilian economy. After touching on such issues as Brazil's exporting economy prior to the 1930s, the impact of external shocks, and the historical struggle to bring inflation under control, the book turns to contemporary issues. The changing nature of Brazil's international trading and investment links, the past role of state enterprises and the process of privatization, the agricultural sector, environmental issues, and the economics of the health delivery system are thoroughly examined. ...
The Practice of Fiscal Federalism
Contributors provide a fascinating account of how federal countries are confronting the traditional challenges of conflicts over division of fiscal powers while also coping with emerging challenges of globalization and citizen empowerment arising from the information revolution. They analyze how relationships and roles in different orders of government are being reshaped and show how local solutions inspired by global principles help strengthen government accountability and improve the quality of life for citizens.
Constitutional Origins, Structure, and Change in Federal Countries
Providing examples of diverse forms of federalism, including new and mature, developed and developing, parliamentary and presidential, and common-law and civil law, the comparative studies in this volume analyse government in Australia, Belgium, Brazil, Canada, Germany, India, Mexico, Nigeria, Russia, South Africa, Switzerland, and the United States. Each chapter describes the provisions of a constitution, explains the political, social, and historical factors that influenced its creation, and explores its practical application, how it has changed, and future challenges, offering valuable ideas and lessons for federal constitution-making and reform.Contributors include Ignatius Ayua Akaayar ...
Dialogues on Constitutional Origins, Structure, and Change in Federal Countries, Vol. 1
These lively, timely, and accessible dialogues on federal systems provide a comparative snapshot of each topic and include comparative analyses, glossaries of country-specific terminology, and a timeline of major constitutional events. Countries considered include Argentina, Australia, Austria, Belgium, Brazil, Canada, Germany, India, Mexico, Nigeria, Russia, South Africa, Spain, Switzerland, and the United States. Whether you are a student or teacher of federalism, working in the field of federalism, or simply interested in the topic, these booklets will prove to be an insightful, brief exploration of the topic at hand in each of the featured countries. Contributors include Ignatius Ayua Ak...
Jobs and Growth
Brazil approaches its 2018 election with an economy that is gradually recovering from the deepest recession in its recent economic history. However, for many Brazilians, the recovery has not yet translated into new and better jobs, or rising incomes. This book explores the drivers of future employment and income growth. Its key finding: Brazil needs to dramatically improve its performance across all industries in terms of productivity if the country is to provide better jobs for its citizens and generate lasting gains in incomes growth for all. This is particularly important as Brazil is aging rapidly and the boost the country has enjoyed thanks to its young and growing labor force in the pa...
