decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put … less emphasis on the effects of decentralization on macroeconomic management, although policymakers worldwide increasingly … have to grapple with these effects. This paper examines the constraints that a high degree of decentralization can place on …

This paper examines the importance of fiscal autonomy in the analysis of decentralization. Using new data published by … the OECD (2001 and 2002), it reproduces several indicators and proposes new measures of decentralization that take into … decentralization and economic growth, and Oates (1985), on decentralization and public sector size. Some evidence suggests that fiscal …

"-competitiveness, transparency, and governance. We observe the rise and fall of the "Washington Consensus"-privatization and liberalization- and the …

decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …

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

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 …