Evaluating the current equalization grant to counties in Croatia
This paper assesses the design of the 2005 equalization grant to the counties in Croatia. Since no allocation formula for this grant has ever been publicly disclosed, this paper provides an analysis and explanation of the aforesaid formula. At the time of its introduction, the objective of the equal...
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Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2010-03-01
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Series: | Financial Theory and Practice |
Online Access: | http://www.ijf.hr/eng/FTP/2010/1/bronic.pdf |