World Bank Institute Module:
The Design of Equalization Grants: Theory and Applications

This module, The Design of Equalization Grants: Theory and Applications, was developed for the World Bank Institute by Jorge Martinez-Vazquez and Jameson Boex at the Andrew Young School of Policy Studies, Georgia State University.

Part One of the module presents the conceptual and theoretical underpinnings that guide the design of equalization transfers as part of a system of intergovernmental fiscal transfers. Part Two considers how to simulate alternative transfer schemes using a fiscal decentralization simulation model. Part Three present case studies of equalization transfers for a number of countries around the world. The module further comes with presentation slides and an Excel spreadsheet simulation model.