This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models argue that strict fiscal and monetary rules minimize moral hazard and crowding out, in practice many governments adopt fiscal expansion (in recent years in the form of...

This paper analyzes the fiscal performance of Turkey and Argentina during the period 2000-2021, when both countries faced rapid economic growth with the consequent impact on social welfare. This work explored two different systems: Centralization in Turkey and Federalism in Argentina and, in...

This paper proposes a new approach to analyse the dynamic relationships between Fiscal decentralization and Income inequality of 63 provinces/cities of Vietnam in the period from 2000 to 2018, with the the Panel smooth transition regression (PSTR) model for estimating the threshold impact of...