Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …

empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization …

-country evidence, based on a sample of developing and developed countries, that fiscal decentralization—the assignment of expenditure …

Europe is facing slower growth as a result of protracted financial turbulence and spillovers from the U.S. Meanwhile … risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a …

Europe's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a …

implications of current policies for future public finances. This could be problematic, including in the case of Europe, where …, even in excess of its GDP level, and is projected to worsen further over time. This suggests that Europe’s current policies …

This paper examines the impact of the opening up of Eastern Europe and the Former Soviet Union on Western Europe. The …