Explore BrainMass

Explore BrainMass

    Horizontal / Vertical Fiscal Balance

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Does HFI require vertical fiscal imbalance?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:24 pm ad1c9bdddf

    Solution Preview

    Some degree of both HFI and VFI (Vertical Fiscal Imbalance) is inherent in almost all the countries with a hierarchical governmental structure. As a rule of thumb, in most cases, the federal or the national government collects the most taxes, whereas state or territorial administrative entities tend to spend more money on developmental work than that ...

    Solution Summary

    The expert determines if HFI requires vertical fiscal imbalances.