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Financing state and local government in Brazil : recent trends and issues (Inglés)

Brazil's system of intergovernmental fiscal relations has, with some minor exceptions, remained unchanged for almost two decades. Economic, social and political conditions in the country, however, have undergone profound transformations during the same period. This paper investigates whether the mechanisms, established during the 1960s, for financing state and local governments are still adequate in the environment of the 1980s. The main conclusion...
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