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

Prof. Aliyu Idris

doi:10.56201/jafm.v10.no12.2024.pg23.36

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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.

References

Akindele, S. T., & Olaopa, O. (2020). Revenue allocation in Nigeria: Challenges and prospects. Journal of African Public Policy, 18(3), 85-106. Bird, R. M., & Smart, M. (2002). Intergovernmental fiscal transfers: Principles and practice. World Bank. Rezende, F., & Garson, J. (2016). Fiscal federalism in Brazil: Balancing revenue and expenditure. Brazilian Journal of Public Finance, 22(4), 451-470. Shah, A. (2007). A practitioner’s guide to intergovernmental fiscal transfers. World Bank. Siddique, S. (1997). Malaysia’s federalism: Fiscal issues and regional development. Asian Journal of Political Science, 5(2), 45-63. World Bank. (2022). Revenue allocation systems in developing economies. World Bank. Watts, R. L. (2008). Comparing federal systems (3rd ed.). McGill-Queen's University Press. Shah, A. (2007). A practitioner’s guide to intergovernmental fiscal transfers. World Bank.

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

Abstract

References

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