Explore BrainMass
Share

Horizontal Fiscal Balance

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

How does Horizontal Fiscal Balance problem arise?

© BrainMass Inc. brainmass.com September 26, 2018, 10:35 am ad1c9bdddf - https://brainmass.com/economics/poverty/horizontal-fiscal-balance-43331

Solution Preview

Various states and territories do not raise sufficient own-source revenues to meet the national standards set under the constitution of the federation to provide critical services to their residents, including health care, education, social security services, telecommunications, employment, and old age security, etc. The root cause of horizontal fiscal imbalance is the fact that economic resources and activities are ...

Solution Summary

How the horizontal fiscal balance problems arises is determined.

$2.19