Fiscal Federalism

Issues and Policies

• Author(s): Hemlata Rao,
• Publisher: New Century Publications
• Pages: 355
• ISBN_10: 8177081020
  ISBN_13: 9788177081022
  
• Language: en
• Categories: Business & Economics / Public Finance , Business & Economics / Taxation / General , Political Science / Public Policy / Economic Policy ,

Description:... "In federal finance, the use of quantitative techniques is very important. In fact, policy formulation is very much influenced by the quantitative results pertaining to extent and degree of vertical fiscal imbalances, trends in centralization and decentralization, extent of horizontal fiscal imbalances, inter-state disparities in taxable capacity, tax efforts, and fiscal needs of federating states. Another area where quantitative methods are used is the forecast of revenue and expenditure. These are some of the major issues dealt with in this book for appropriate policy formulation."