Fiscal Federalism: Tax, Spending, and Equalization for Federal Philippines
6 Pages Posted: 27 Apr 2018
Date Written: June 10, 2017
Abstract
In support of the growing need to understand federalism, sustainability framework and distribution of powers need be given as much attention along the inception of the political benefits of federalism. In federalism, the powers need to be assigned to the tiers of the government. A competitive federalism setup will have more powers assigned to the states and retain some powers to the federal government those which the national government can effectively carry out.
Keywords: Philippine federalism, fiscal, equalization
JEL Classification: H1, H30,P16
Suggested Citation: Suggested Citation
Tamayo, Adrian Mernilo, Fiscal Federalism: Tax, Spending, and Equalization for Federal Philippines (June 10, 2017). Available at SSRN: https://ssrn.com/abstract=2985235 or http://dx.doi.org/10.2139/ssrn.2985235
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