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Abstract :
[en] This document reviews the general grants mechanism for Walloon municipalities, its history since 1860, the different evolution in the three Belgian regions, the developments in the Walloon Region and a detailed analysis of the impact of the new system implemented from 1990. This is compared to systems existing in other regions (Flanders, Brussels) and countries (France, Netherlands, Germany, Denmark, England). Impact on local finances of the main Walloon municipalities is also simulated.