The “American System” that gives its name to this essay series is perhaps most directly associated with mercantilism, industrial policy, and federal investments in infrastructure. An element that is ...

KATHMANDU, May 13, 2024—Nepal’s legal and institutional reforms under fiscal federalism and public financial management at the provincial and local levels have continued but at a moderate pace, says ...

The new Finance Commission awards, for the first time, bring in state-wise contribution to national GDP as part of the tax devolution formula.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is ...

With the fiscal formula rejigged around GDP contribution, transparency and discipline, southern states gain ground while debt ...

What is federalism? To answer this question, let us look at Princeton University’s Encyclopedia Princetoniensis, which has an entry on “Federalism and federation” authored, ostensibly around 2015, by ...

As Telangana’s per capita income rises and demographic indicators improve, its share in central tax devolution shrinks, ...