Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with … liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances …

Intro -- Contents -- I. INTRODUCTION -- II. A BENCHMARK: PRINCIPLES OF DECENTRALIZATION REFORM -- III. UGANDA …'S DECENTRALIZATION PROCESS: THE INSTITUTIONS -- IV. SPECIFIC OUTCOMES IN SERVICE DELIVERY -- V. FINAL REMARKS -- References. …

Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. DECENTRALIZATION AND OVERALL FISCAL CONSTRAINTS -- IV …

only if the size of the locked-in effect exceeds some threshold. Further, progressive decentralization through airdrops can …

Does fiscal decentralization improve health and educational outcomes? Does this improvement depend on the quality of … governance? How do fiscal decentralization and governance interact? We answer these questions through an instrumental variable … Tobit analysis of cross-country panel data. We find negative effects of fiscal decentralization on health outcomes, which …

behavior of depositors vis-à-vis foreign banks. We rely on data from the banking crises in Argentina and Uruguay over the …

wages. In Uruguay, the presence of centralized wage bargaining and indexation practices raises the question as to what …

With some of the most significant levels of financial dollarization in the Western Hemisphere, Uruguay is characterized … devaluations have been associated with such outcome, the enduring nature of dollarization in Uruguay also underscores the …

There is a widespread presumption that decentralization improves public service provision. This has led to policy …