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The authors describe Bosnia's current arrangements in fiscal federalism, outline the unique challenges that the Dayton … economic models of federalism suggest a government structure assuming there is an intent to achieve Pareto-efficiency for the … country's welfare or access to public services outside the group. The motivation for the fiscal federalism structure proposed …
Persistent link: https://www.econbiz.de/10012746907
By international standards, and given its relatively low per capita income, Vietnam has achieved substantial reductions in, and low levels of, infant and under-five mortality. The authors review existing evidence and provide new evidence on whether, under the economic liberalization program...
Persistent link: https://www.econbiz.de/10012973173
The growth of India's manufacturing sector since 1991 has been attributed mostly to trade liberalization and more permissive industrial licensing. This paper demonstrates thesignificant impact of a neglected factor: India's policy reforms in services. The authors examine the link between those...
Persistent link: https://www.econbiz.de/10012975493
This paper assesses the impact of social assistance benefits on household welfare in Moldova. Ignoring standard issues of impact evaluations such as selection bias, behavioral responses, unobserved heterogeneity and endogeneity, an incidence analysis suggests that increased spending on social...
Persistent link: https://www.econbiz.de/10014216917
While there is extensive knowledge about how to design fiscal decentralization policies, considerably less is understood about how a decentralization program should be sequenced and implemented. Countries embarking on decentralization often struggle with decisions about the essential components...
Persistent link: https://www.econbiz.de/10012748132
A rigorous understanding of the developmental effect of fiscal transfers to subnational governments remains an important policy research issue globally. This paper exploits a novel dataset of 20 years of municipal poverty maps and local public finances to study the effects on local welfare of a...
Persistent link: https://www.econbiz.de/10012837441
Fiscal equalization programs are fairly common features of intergovernmental fiscal relations in industrial countries. Some developing countries have also recently introduced these programs and still others are contemplating such programs. Institutional arrangements for fiscal equalization vary...
Persistent link: https://www.econbiz.de/10012783437
During the past decade, Indonesia has transformed itself from centralized governance to decentralized local governance. Local governments were given extensive expenditure responsibilities while keeping the tax system centralized. To finance decentralized provincial-local expenditures, Indonesia...
Persistent link: https://www.econbiz.de/10012975346
In the new information age in the globalized and interconnected world, metropolitan areas hold the key to the future prosperity and growth of nations. This paper takes a closer look at grant-financing regimes faced by metropolitan areas and their role in facilitating or hindering improvements in...
Persistent link: https://www.econbiz.de/10012975347
Intergovernmental finance is a significant source of sub-national finance in most countries. In both industrial and developing countries, formula based "manna from heaven" general purpose transfers dominate but co-exist with highly intrusive micro-managed "command and control" specific purpose...
Persistent link: https://www.econbiz.de/10012976734