Loayza, Norman V.; Rigolini, Jamele; Calvo-Gonzalez, Oscar - 2012
In the past three decades, emerging countries have gone through extensive decentralization reforms. Yet, there are no … studies assessing quantitatively the relative importance of various factors known to affect the success of decentralization …. This paper builds on a comprehensive dataset the authors constructed for Peru, which merges municipal fiscal accounts with …
