Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 10 NO. 12 2024
DOI: 10.56201/jafm.v10.no12.2024.pg23.36


A Comparative Study of Vertical and Horizontal Revenue Allocation Formulae in Nigeria, Malaysia, and Brazil: Challenges and Implications

Prof. Aliyu Idris


Abstract


This study examines the revenue allocation formulae employed in Nigeria, Malaysia, and Brazil, focusing on the vertical and horizontal distribution mechanisms. It uses a qualitative methodology to explore the complexities of revenue sharing, identify the challenges inherent in these systems, and analyse their implications for governance, equity, and development. This paper recommends optimising revenue allocation practices to achieve sustainable growth and fiscal balance by leveraging comparative insights.





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