The right way to measure the degree and extent of the different aspects of fiscal decentralization has been a long … sometimes needed to show a general trend in fiscal decentralization and reveal relationship to other variables in empirical … studies. In particular, several composite indicators of fiscal decentralization have been proposed, but there are very few …

decentralization. In addition there is external pressure coming from IMF and WB who implicitly and explicitly have declared … ‘decentralization’ as their most favoured policy prescription especially for the developing world. …

Decentralization since early 1990s has become one of the buzzwords of the development paradigms. Among all ingredients … of decentralization, the fiscal component of it has a special significance. Not surprisingly the literature unanimously … among different objectives of each level and resolve tensions between them. Thus, the fiscal decentralization is in vogue …

Though decentralization for past one and half decade or so has become the most favoured policy priority among the … policy makers yet the countries around the world differ dramatically in the degree of decentralization that is accommodated …. While diversity in degree of decentralization across the world is a fact yet there is no consensus in the empirical …

In the last two decades there has been a worldwide interest in decentralization of government in all parts of the world … effects of decentralization on macroeconomic stability. Even though there is a huge literature both theoretically and … empirically on the impact of decentralization, not many of them seems to be interested on the question of the link between …

transition countries have developed a variety of forms of fiscal decentralization as a possible strategy to achieve effective and … efficient governmental structures. A generalized principle of decentralization due to the country specific circumstances does … not exist. Therefore, decentralization has taken place in different forms in various countries at different times, and …