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We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for optimal (conditional) reform design. The main result is that the informational advantage of the country must be strictly greater than the advantage of the multilateral in order...
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We focus on the role that the transmission of information between a multilateral (e.g., the IMF) and a country has for optimal (conditional) reform design. The main result is that the informational advantage of the country must be strictly greater than the advantage of the multilateral in order...
Persistent link: https://www.econbiz.de/10014206740
The paper analyzes the impact of decentralization on governance employing four indicators of governance and five … - measured as the share of sub-national employment, revenues or, respectively, expenditures - improves governance. This is … also. However, the number of sub-national government tiers exerts a negative impact on some dimensions of governance …
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the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …
Persistent link: https://www.econbiz.de/10003908576
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