This new edition of Federalism and Fiscal Transfers in India traces the methodology used by successive Finance Commissions to resolve both vertical and horizontal imbalances. It also compares the design of fiscal transfers in India with that in Australia and Canada, two well-established federations.

This new edition of Federalism and Fiscal Transfers in India traces the methodology used by successive Finance Commissions to resolve both vertical and horizontal imbalances. It also compares the design of fiscal transfers in India with that in Australia and Canada, two well-established federations.