Titlebook: Vanishing Borders of Urban Local Finance; Global Developments Shyam Nath,Yeti Nisha Madhoo Book 2022 The Editor(s) (if applicable) and The

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Public Goods Provision and Local Fiscal Domain,ons are major impediments in arriving at welfare-improving outcomes. Different forms of fiscal decentralization of public goods provision are identified and alternative voting rules are evaluated. Governance issues in relation to common pool resources and global public goods are analyzed with a view

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Tenets of Fiscal Federalism and Decentralization, interjurisdictional spillovers. First and second-generation fiscal federalism theories present an account of how fiscal decentralization stands strong even when decentralized provision is possible under centralized decisions. It is also demonstrated that in very small countries with homogeneous pre

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Economic Globalization and Local Public Finance,ical literature. Pertinent issues in the Indian context are raised. Emerging challenges for fiscal decentralization and local government budgets consequent upon episodes of globalization, privatization, and revenue maximization (leviathan goal) are also analyzed. The chapter discusses implications o

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Corporate Social Expenditure and Fiscal Decentralization: A Novel Framework,rtnership in supply of local public goods. Crucial issues discussed include whether (i) CSR levy is a tax or expenditure; (ii) CSR as a tax can be shifted and as an expenditure may be fungible; (iii) a corporate body as spending authority on social goods is suitable in regimes such as not-for-profit

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Global Climate Change and Local Fiscal Intervention,lyzing the feasibility of these assignments with special reference to environmental shocks and climate change repercussions in a local jurisdiction. While adaptation measures are advocated, the related issues, namely the interlinkages between income inequality, poverty, and adaptation are discussed.

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Local Fiscal Effort in Response to State Expenditure: Some Empirical Evidence, happens to local fiscal effort when grants are forthcoming and state expenditure is rising at the expense of local expenditure. Empirical tests conducted using data on Mumbai and Delhi municipal corporations show that grants have not stimulated local willingness to raise more resources and state ex

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Environmental Federalism and Atmospheric Pollution: Efficacy of Local vs State Expenditure,lution control in two municipal areas in India. We employ an innovative methodology where factual and counterfactual state and local expenditure regimes are constructed to capture different degrees of decentralization. Econometric results highlight higher efficacy of state-level expenditure (central

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Local Tax Potential in an Urban Setting,the ground that the distortionary impact, measured by marginal cost of public funds, is lower than other sources of funds. Less reliance on user charges is revealed in most municipal corporations as against their growing significance among developed and developing countries. The potential of propert