01373cas a2200181 a 4500 AALejournalIMF012185 230101c9999 xx r poo 0 0eng d 9781557756633 BD-DhAAL BD-DhAAL Fiscal Federalism in Theory and Practice. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (723 pages) <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 Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that the decentralization of spending responsibilities can entail substantial gains in terms of distributed equity and macroeconomic management. The papers in this volume, edited by Teresa Ter-Minassian, examine the validity of these views in light of theoretical considerations, as well as the experience of a number of countries. Mode of access: Internet Full text available on IMF http://elibrary.imf.org/view/books/071/02488-9781557756633-en/02488-9781557756633-en-book.xml IMF e-Library