Fiscal federalism in Brazil: An overview
Year: 2007
Type: article
Abstract: Although the states and municipalities that comprise the Brazilian Federation have considerable autonomy in raising their own tax income and spending public funds, this is not the outcome of a planned decentralization process. The improvement in fiscal indicators at the subnational-government level since the promulgation of the Fiscal Responsibility Act has made a major contribution to the success of the country’s macroeconomic stabilization policy. Nonetheless, the Federation is seen as a major stumbling block for reform of the tax system. As a contribution to the debate on federative balance in the division of fiscal responsibilities, this paper makes a diagnostic study of the federative framework and recent institutional changes, and proposes a new federative agenda.
Source: CEPAL review
DOI: 10.18356/425cf532-en
Authors: José Serra, José Roberto Rodrigues Afonso
Institutions: Federal Government of Brazil, Fundação Getulio Vargas
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W126195503