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faced a major decline of its hegemony and that decentralization reforms have induced a polycentric dynamics. Seven basic …
Persistent link: https://www.econbiz.de/10009367990
When studying local development, we find that decentralization and local governance are inseparable factors that … contribute strongly into the efficiency of local development attempts. Decentralization gives local authorities more …
Persistent link: https://www.econbiz.de/10010820922
equilibrium in the current Bitcoin mining environment, instead, they should not process any transaction. Finally, we show that the …
Persistent link: https://www.econbiz.de/10010899795
We study the economics of Bitcoin transaction fees in a simple static partial equilibrium model with the specificity that the system security is directly linked to the total computational power of miners. We show that any situation with a fixed fee is equivalent to another situation with a...
Persistent link: https://www.econbiz.de/10010821191
Without denying particular dimensions of the decentralisation in Sub-Saharan countries, this paper applies standard reasoning from the fiscal federalism literature to a developing country and tests the existence of strategic interactions among local Beninese governments, called 'communes'. We...
Persistent link: https://www.econbiz.de/10008793695
China's actual fiscal decentralization is one-sided: while public expenditures are largely decentralized, fiscal …. These results suggest that the one-sided fiscal decentralization in China may have regressive environmental effects and …
Persistent link: https://www.econbiz.de/10009651563
public interest. This trend was encouraged by the central and local governments in a period of decentralization and European … integration. Decentralization offers a great opportunity for the French nonprofit sector; conversely, nonprofit organizations …
Persistent link: https://www.econbiz.de/10010750810
La descentralización es un proceso político, económico y social que tiene por objetivo la democratización de poder, trasladando no solo la administración de recursos sino la toma de decisiones; la capacidad económica de resolver los problemas locales de zonas alejadas del eje central, con...
Persistent link: https://www.econbiz.de/10010899032
Due to the decentralization laws of 1982-1983, the secondary general and professional education and training supply …
Persistent link: https://www.econbiz.de/10010780806
The significance of yardstick competition among governments is now confirmed with regard to fiscal variables. This is an important result but the significance of the mechanism must also be sought in a context broader than that of fiscal federalism and without limitation to relations and...
Persistent link: https://www.econbiz.de/10010821132