Showing 1 - 10 of 55
decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …
Persistent link: https://www.econbiz.de/10011978597
Persistent link: https://www.econbiz.de/10009572314
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
There is increasing interest in fiscal decentralization in Peru as a mechanism to generate more involved decision … decentralization process with greater transparency …
Persistent link: https://www.econbiz.de/10014402281
ambitious decentralization program implemented by the authorities since the late 1990s has had mixed results in terms of …
Persistent link: https://www.econbiz.de/10014400265
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...
Persistent link: https://www.econbiz.de/10014400732
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 …
Persistent link: https://www.econbiz.de/10014401198
Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10014401240
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/10014396436
This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved...
Persistent link: https://www.econbiz.de/10014396839