What is it about?
This article is about the key concepts we use in fiscal federalism and intergovernmental fiscal relations. Anyone venturing into this domain can rely on this article for a very unbiased conceptual clarity. After reading and understanding this paper a student of fiscal federalism can proceed with empirical work in a more meaningful way.
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Why is it important?
This article is important because it imparts conceptual clarity (on fiscal imbalance and fiscal gap) and a perspective on achieving a state where there is no "imbalance" and no "gap".
Read the Original
This page is a summary of: BEYOND GAPS AND IMBALANCES: RE-STRUCTURING THE DEBATE ON INTERGOVERNMENTAL FISCAL RELATIONS, Public Administration, July 2011, Wiley, DOI: 10.1111/j.1467-9299.2011.01947.x.
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