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© 2011 Asian Development Bank

All rights reserved. Published 2011.

Printed in the Philippines.

ISBN 978-92-9092-323-7

Publication Stock No. RPT113308

Cataloging-In-Publication Data

Martinez-Vazquez, Jorge

The impact of fiscal decentralization: Issues in theory and challenges in practice.

Mandaluyong City, Philippines: Asian Development Bank, 2011.

1. Fiscal decentralization.I. Asian Development Bank.

The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

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The Impact of Fiscal Decentralization

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