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Intergovernmental grants are powerful tools for fiscal policy design. In fact, decisions regarding the choice of grant system and related mechanisms for its effective implementation can allow to meet a great number of policy objectives. . Specifically, a system of grants can be used, inter alia, f
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1. Financing sub-central governments: explaining the balance between taxes and grants Expert meeting Vienna (Ministry of Finance), 29-30 may 2008 Evolution in grants design: comments on the case of the US and Turkey
Federica Busillo
Ministry of Economic Development - Italy
2. Intergovernmental grants are powerful tools for fiscal policy design. In fact, decisions regarding the choice of grant system and related mechanisms for its effective implementation can allow to meet a great number of policy objectives. Specifically, a system of grants can be used, inter alia, for the following purposes: