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successful in the United States, including regulatory frameworks, governance and managerial systems, the role of project …
Persistent link: https://www.econbiz.de/10012945944
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
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 of decentralization, including the order of an introduction of …
Persistent link: https://www.econbiz.de/10012748132
spending for certain services. Second, after decentralization, the local or state government faces popular pressure to spend … growth. Occasional stabilization plans failed within a few years. Then Argentina (in 1991) and Brazil (in 1994) introduced …
Persistent link: https://www.econbiz.de/10012971218
adequate governance structures and policy choices …
Persistent link: https://www.econbiz.de/10012975236
Fiscal responsibility laws are institutions with which multiple governments in the same economy -- national and subnational --can commit to help avoid irresponsible fiscal behavior that could have short-term advantages to one of them but that would be collectively damaging. Coordination failures...
Persistent link: https://www.econbiz.de/10012976097
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
groups. Decentralization in this context is a means to lessen the points where disagreement exists, rather than a structure …
Persistent link: https://www.econbiz.de/10012746907
The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross-section survey. Simulations are discussed under a partial equilibrium and medium-term framework using a marginal approach. The paper distinguishes between single priced products, such as...
Persistent link: https://www.econbiz.de/10012975103
This paper explores the hypothesis that the credibility of economic policy making in Argentina (or lack thereof) has impacted the volatility of economic performance. To establish the link, a historical review of economic policy making and economic outcomes over the quarter century is presented,...
Persistent link: https://www.econbiz.de/10012967486