Showing 1 - 10 of 290
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
transfers, indirect subsidies, and in-kind transfers) on the level of poverty and inequality in Uganda, using the … internationally recognized methodology developed by the Commitment to Equity institute. The results show that Uganda's fiscal policy …-kind transfers, are the biggest contributors to reducing inequality. Although equalizing, fiscal policy is poverty-inducing in Uganda …
Persistent link: https://www.econbiz.de/10012859484
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
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
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
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
The central governments of many developing countries have chosen to decentralize their anti-poverty programs, in the expectation that local agents are better informed about local needs. The paper shows that this potential advantage of decentralized eligibility criteria can come at a large cost,...
Persistent link: https://www.econbiz.de/10012747662
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
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