01638cas a2200253 a 4500 AALejournalIMF003613 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451861495 1018-5941 BD-DhAAL BD-DhAAL Searle, Bob. On the Implementation of Transfers to Subnational Governments / Bob Searle, Ehtisham Ahmad. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines a typology of grants that are used across the world, and places these in the context of the overall constitutional and legal framework for a country. It looks at the options for grants, given the need to maintain overall macroeconomic stability, efficiency in the use of scarce resources as well as reduced horizontal disparities. The role of central objectives in a decentralized framework is also assessed. The paper argues for a comprehensive framework for grants, as well as a proper institutional framework to manage grants systems. Mode of access: Internet Ahmad, Ehtisham. IMF Working Papers; Working Paper ; No. 2005/130 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/130/001.2005.issue-130-en.xml IMF e-Library