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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 …
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decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …
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investment management and changes to the decentralization framework …
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ambitious decentralization program implemented by the authorities since the late 1990s has had mixed results in terms of …
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This paper examines a typology of grants that are used across the world, and places these in the context of the overall constitutional and legal framework for a country. It looks at the options for grants, given the need to maintain overall macroeconomic stability, efficiency in the use of...
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There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision … decentralization process with greater transparency …
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