Brazil : Issues in Fiscal Federalism

The globalization of financial markets, has increased international pressure on the federal governments to maintain a hard budget constraint, with respect to sub-national governments. Because growth in sub-national deficits undermines investor conf...

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/06/1807519/brazil-issues-fiscal-federalism
http://hdl.handle.net/10986/15417