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China we have examined how marketization and decentralization has affected the composition of provincial public expenditure … observed that in China with a lower marketization level in 1986-1992, fiscal decentralization had positive effect on … fiscal space for higher infrastructure spending. -- fiscal reforms ; infrastructure spending ; decentralization …
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The volume explores how the southern engines, China, India, Brazil, and South Africa are reshaping the world economy. It looks at their development experiences, and examines how these could provide useful lessons to the developing world
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