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Bahl, Roy W. - 2016

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

Municipal Pooled Financing of Infrastructure in the United States : Experience and Lessons

De Angelis, Michael A. - 2017

Despite a world awash with liquidity, large infrastructure supply gaps exist across developing and emerging markets. Infrastructure has been largely decentralized to subnational governments in many countries, and many policymakers are keenly interested in developing subnational bond markets to...

Persistent link: https://www.econbiz.de/10012945944

Fiscal Management in Federal Democracies : Argentina and Brazil

Dillinger, William - 2017

In shifting to decentralized public finances, a country's central government faces certain fiscal management problems. First, during and soon after the transition, unless it reduces pending or increases its own tax resources, the central government tends to have higher deficits as it shifts...

Persistent link: https://www.econbiz.de/10012971218

Financing Infrastructure and Monitoring Fiscal Risks at the Subnational Level

Liu, Lili - 2017

This paper explores the building blocks of an institutional framework to govern borrowing by subnational entities to finance infrastructure investment. The framework should help in achieving sustainable financing of development needs and sound management of fiscal risks. Based on international...

Persistent link: https://www.econbiz.de/10012975236

Electoral Accountability, Fiscal Decentralization and Service Delivery in Indonesia

Skoufias, Emmanuel - 2017

This paper takes advantage of the exogenous phasing of direct elections in districts and applies the double difference estimator to: (i) measure impacts on the pattern of public spending and revenue generation at the district level; and (ii) investigate the heterogeneity of the impacts on public...

Persistent link: https://www.econbiz.de/10012976073

Laws for Fiscal Responsibility for Subnational Discipline : International Experience

Liu, Lili - 2017

characteristics and effects of fiscal responsibility laws in seven countries -- Argentina, Australia, Brazil, Canada, Colombia, India …

Persistent link: https://www.econbiz.de/10012976097

Integrating Land Financing into Subnational Fiscal Management

Peterson, George E. - 2017

Land assets have become an important source of financing capital investments by subnational governments in developing countries. Land assets, often with billions of dollars per transaction, rival and sometimes surpass subnational borrowing or fiscal transfers for capital spending. While reducing...

Persistent link: https://www.econbiz.de/10012976386

Fiscal Federalism in Bosnia-Herzegovina : The Dayton Challenge

Johnson, Noel D. - 2017

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

Does the 2015 Peace Accord in Mali Reflect the Priorities of Households and Local Leaders?

Lendorfer, Julia - 2017

Using unique household level data collected in northern Mali in August and September 2015, this paper explores whether the content of the 2015 Peace Accord reflects the concerns and priorities of the citizens, local leaders, and refugees, or whether it is an exclusive agreement between elites...

Persistent link: https://www.econbiz.de/10012968700

Education and Conflict Recovery : The Case of Timor Leste

Justino, Patricia - 2017

The Timor Leste secession conflict lasted for 25 years. Its last wave of violence in 1999, following the withdrawal of …

Persistent link: https://www.econbiz.de/10012975815

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