A collection of studies of intergovernmental grant systems from around the world, this book offers descriptions and critical assessments of grant systems from countries including Canada, Australia, Germany, Switzerland, Italy, Spain, India, Korea, Indonesia and China.

Representing a unique contribution to the analysis and discussion of the unfolding Eurozone crisis in terms of the relationship between central and local government, this book addresses a number of important fiscal and political economy questions. To what extent have local and regional governments contributed to the crisis? To what degree have subnational services and investments borne the brunt of the adjustments? How have multi-level fissures affected tensions between different levels of government from the supranational to the local? This volume covers these and many other critical issues...