Explain the term Horizontal Fiscal Imbalance (HFI)© BrainMass Inc. brainmass.com March 4, 2021, 6:24 pm ad1c9bdddf
Horizontal fiscal imbalance is the fiscal imbalance that exists due to uneven distribution of revenue resources between the various provinces/ states or territories in a country. It is observed that at least some fiscal disparities always exist between different regions within a country and between different localities with regions themselves. In part, ...
The expert explains the term horizontal fiscal imbalances.