The assignment of functions and intergovernmental fiscal relations in the Philippines 20 years after decentralization.
The 1991 Local Government Code devolved substantial spending, taxing, and borrowing powers to local government units (LGUs). Moving governance closer to the people can generate a welfare gain, but local governments must have adequate revenues to finance local development. The paper examines the curr...
| Published in: | Philippine Review of Economics Vol. XLIX, no. 1 (Jun. 2012), 37-80 |
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| Format: | Article |
| Language: | English |
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2012
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| Subjects: |