Balancing Revenue Allocation: A Comparative Analysis of Vertical Distribution Mechanism of Nigeria, India, and United States of America
Abstract
This study examines the vertical revenue allocation mechanisms in Nigeria, India, and the United States of America, focusing on the strategies employed to achieve balance and equity among levels of government. The research highlights the comparative framework used to assess federal-state financial relations and the efficacy of the revenue distribution systems in each country. Drawing on conceptual, theoretical, and empirical insights, the study explores fiscal federalism, intergovernmental relations, and resource distribution issues. Findings underscore the strengths and weaknesses of each system, offering recommendations to enhance equitable and efficient revenue allocation.
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