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A Short Guide to Fiscal Arrangements in Federal Countries

This report provides practical guidance for designing fiscal arrangements in new and emerging federations. The report addresses responsibilities for public spending, responsibilities for raising revenue, managing the economy, and dealing with fiscal imbalances between governments. Examples are drawn from Australia, Canada, Germany, and the United States. 

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Keywords  Federalism/Federal,  Fiscal Federalism,  Economic Issues/Economy,  Economy/Economic Issues,  Fiscal