Showing 1 - 10 of 320
decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision … of public services. However, decentralization may also increase growth by raising the ability of the political system to … innovate and carry out reforms. On the contrary, some authors argue that decentralization increases corruption and government …
Persistent link: https://www.econbiz.de/10013045930
The authors attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a relatively...
Persistent link: https://www.econbiz.de/10012559898
Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes … of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness … support the relevance of political factors as determinants of fiscal decentralization. The relationship between central …
Persistent link: https://www.econbiz.de/10013120275
This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we … decentralization. Our panel estimations reveal that fiscal decentralization negatively impacts aid effectiveness, while measures of … political decentralization have no significant effect or even a positive one. This result is robust for grants and overall ODA …
Persistent link: https://www.econbiz.de/10013069925
This paper explores the role of information transmission in explaining donors' choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...
Persistent link: https://www.econbiz.de/10013073609
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization' and ‘centralization' — when ‘knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10013075612
model to account for this. The idea is that decentralization serves as a commitment device to ensure that ex post chose … the decentralization process in China in 1980-1990s, as well as the fact that government decentralization is generally …
Persistent link: https://www.econbiz.de/10013052094
While there is extensive knowledge about how to design fiscal decentralization policies, considerably less is … understood about how a decentralization program should be sequenced and implemented. Countries embarking on decentralization … often struggle with decisions about the essential components of decentralization, including the order of an introduction of …
Persistent link: https://www.econbiz.de/10012553737
quantitatively how fiscal decentralization affects local and central government debt accumulation and spending. In the model, the … local and central debts are inefficiently high. Consistent with empirical evidence, when fiscal decentralization widens …
Persistent link: https://www.econbiz.de/10013255222
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10012981293