Intergovernmental Fiscal Relations Course at The University of Tokyo

Faculty of Economic at The University of Tokyo

4202: Intergovernmental Fiscal Relations
Winter Jinno
Public finance does not depict a single entity. By this remark, I do not mean that the public finances vary because there are over 190 countries in the world. Rather, the point is that in any given country there is no single state and hence no monolithic edifice of public finance. The state instead comprises many sub-sectors; and is in addition embodied in a central government and a multiplicity of subnational governments whose overall structure resembles a pyramid. In this lecture, we shall discuss the institutions that compose the nation-state as well as the fiscal transfers that allocate resources among them.
The lecture outline is as follows:
1) The concept of intergovernmental transfers
2) The evolution of the theory of intergovernmental transfers
3) Intergovernmental relations in budget making
4) The theory of tax-base allocation
5) The theory of control of fiscal resources
6) The theory of fiscal transfers
7) Centralization and decentralization in intergovernmental fiscal relations

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