7 TABLE OF CONTENTSFISCAL FEDERALISM 2014: MAKING DECENTRALISATION WORK © OECD 2013Notes ................................................................................................................................... 95Bibliography ........................................................................................................................ 96Chapter 5. Fiscal equalisation: A key to decentralised public finances ..................... 103Fiscal equalisation schemes across the world ............................................................. 104Fiscal equalisation and revenue sharing ...................................................................... 106Fiscal equalisation and expenditure sharing ............................................................... 110Fiscal equalisation and conditional grants ................................................................. 112Fiscal equalisation and unconditional grants ............................................................. 114Fiscal equalisation schemes in OECD countries ....................................................... 116Policy considerations ..................................................................................................... 120Notes ................................................................................................................................... 122Bibliography ........................................................................................................................ 123Chapter 6. Reforming fiscal relations ................................................................. 125The importance of reforming fiscal relations ........................................................... 126Reforming intergovernmental fiscal frameworks ...................................................... 127Reforming sub-central fiscal rules ............................................................................... 130Reforming fiscal equalisation schemes ................................................................. 133Reforming tax competition measures .......................................................................... 135Reforming intergovernmental co-operation .............................................................. 136Reforming mechanisms for sub-central government accountability ....................... 138Policy considerations ..................................................................................................... 140Notes ................................................................................................................................... 141Bibliography ........................................................................................................................ 142Conclusions ........................................................................................................................ 143Acknowledgements ............................................................................................................. 144References ........................................................................................................................... 145Appendices ........................................................................................................................... 147Index ..................................................................................................................................... 149