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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 …
Persistent link: https://www.econbiz.de/10009618582
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. …
Persistent link: https://www.econbiz.de/10013042569
Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. DECENTRALIZATION AND OVERALL FISCAL CONSTRAINTS -- IV …
Persistent link: https://www.econbiz.de/10012691111
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 …
Persistent link: https://www.econbiz.de/10015060378
Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...
Persistent link: https://www.econbiz.de/10005826063
Intro -- Contents -- I. INTRODUCTION -- II. FISCAL PERFORMANCE IN ISRAEL -- III. THE MODEL -- IV. FISCAL CONSOLIDATION: NOW VERSUS LATER -- V. TAX CUTS -- VI. CONCLUSION -- APPENDIX. CALIBRATION OF GFM -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691116
Does reliance on transfers weaken fiscal discipline and encourage pro-cyclical fiscal policies in recipient subnational governments? Using fiscal reaction functions for a panel of the German Länder, this paper finds a positive answer to both questions. Net-recipient states (Länder, benefiting...
Persistent link: https://www.econbiz.de/10012677792
Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no...
Persistent link: https://www.econbiz.de/10005264111
This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into … account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better …
Persistent link: https://www.econbiz.de/10009654158
In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers …
Persistent link: https://www.econbiz.de/10009327869