Both men will soon discover that the root cause of this problem lies with the federal government’s abandonment of federalism in fiscal matters. We have all been taught that the Constitution ...

Restoring federalism is possible, but only with concerted efforts now. The recent passage of the Fiscal Responsibility Act (FRA), which averted a ... We don’t know who is behind them ...

How Have Centre–State Relations Come to Be Conceptualised in India? Chirashree Das Gupta and Surajit Mazumdar chart the evolution of fiscal federalism in India since the reforms of 1991 and state that ...

Fiscal decentralization in Belgium progressed substantially in 2015-19. However, as decentralization of expenditure responsibilities continued to outpace decentralization of revenue authority, ...

This paper summarizes the main elements of Russia's fiscal federalism, describes the channels through which it operates, and assesses the effectiveness of regional transfers in reducing regional ...

Fiscally, fiscal federalism mechanisms have been institutionalised. The laws allocate 15 percent each of VAT and excise duty and 25 percent of natural resource royalties to provincial and local ...

The wide array of constitutional issues that are now thrown open point at the severe erosion of fiscal federalism in the country. The NBC limits the borrowings of States from all sources including ...

Even if one takes the stand that it may not be inappropriate to stipulate the considerations in view the emerging developments in fiscal federalism, it is unquestionable that they should apply ...