Local self-governance: Matters of function In the changed context, some functions like secondary education and local services have been assigned to the local bodies. The subsidiarity principle of decentralization states that functions should be assigned to the lowest level of government At... 19 Dec, 2016
Public finance management in local bodies dismal Kathmandu, October 22 A recent public expenditure and financial accountability (PEFA) assessment of the local bodies commissioned by the Ministry of Federal Affairs and Local Development has identified absence of locally elected representatives as... 23 Oct, 2016
China�s new Silk Road: Risks and challenges Realizing the “one belt, one road” initiative will not be easy. But China has all of the tools it needs to succeed. As long as it uses them in a way that is clean, green, and transparent, China and its neighbors will reap vast rewards Since... 19 Jan, 2016
Constitutional dynamics of federalism Issues vs concepts Most federal democracies have evolved from previous arrangements of the union of states or some form of provincial autonomy already in place. United States already had state level legislatures before the thirteen colonies united to form the union.... 16 Sep, 2009
Budget 2008/09 Some pluses, many minuses Attempts to paint the budget either in revolutionary or neo-liberal hue are unjustified.Amidst criticism and counter criticisms, a thorough review of the recently presented budget throws up a few positive points but many more negative aspects. There is... 29 Sep, 2008
Federal democracy - Fiscal management under a new system One should assume that political restructuring under federal structure also intends to decentralise public finances. Since natural endowments, physical conditions and economic opportunities differ significantly across three distinct topographical... 16 Apr, 2007