Showing 1 - 10 of 7,946
The aim of this paper is to analyse the effect of fiscal decentralization on subcentral governments’ budgetary … decentralization can discipline the subcentral governments’ budgetary decisions, as it happens, for instance, in the USA, Canada and …
Persistent link: https://www.econbiz.de/10010841057
No consensus has yet emerged on whether fiscal decentralization facilitates or impedes the growth of the public sector …. One explanation for this ambiguity in the literature is that the effect of fiscal decentralization on public sector size … between fiscal decentralization and the ideology of the government may influence the size of the public sector. Thereafter …
Persistent link: https://www.econbiz.de/10009004206
The Woodlands (Texas) is one of the best examples of success in a public-private partnership between the US Department of Housing and Urban Development (HUD) and a private firm. Developed as a New Town by Mitchell Energy & Development Corporation, The Woodlands has flourished and created a...
Persistent link: https://www.econbiz.de/10010992086
The paradigm of NPM, like its forerunners, has been trying to answer the same question for almost twenty years: how to implement policies, strategies, programs and projects, using the market-type mechanisms, so that the institutions of the state could achieve the desired results. The praises and...
Persistent link: https://www.econbiz.de/10005789846
Although institutions rooted in the folk theorem can support self-enforcing exchange in a wide variety of contexts, their potential to create cooperation is not limitless. In particular, the folk theorem may break down when some agents are physically stronger than others. I demonstrate this in...
Persistent link: https://www.econbiz.de/10005823345
Frey [2001] and others propose subjecting governments to competition within their jurisdiction, but classical liberals argue that having competing law enforcers cannot work. This article describes a hybrid system that relies on markets but has one law enforcement agency per region, with profit...
Persistent link: https://www.econbiz.de/10005823353
This paper suggests that efficiency considerations do not explain why privatization policy is so appealing to the centre-left parties in Europe. Divestitures of state owned corporations in the UK and elsewhere were implemented by right wing parties with the over-arching objective to defeat trade...
Persistent link: https://www.econbiz.de/10005007403
This paper discusses recent changes in the way public services are delivered. A marked increase in the cooperation between the public and private sector in the realisation of complex projects, mostly concerning development of infrastructure, is the main characteristic of present-day developing...
Persistent link: https://www.econbiz.de/10008554107
Do district incumbents in an election have an advantage, and if so, do these advantages depend on which party is in government? We estimate the incumbency effect for the direct district candidates in German federal and state elections using a regression discontinuity design (RDD). When studying...
Persistent link: https://www.econbiz.de/10010939872
Intergovernmental fiscal frameworks usually reflect fundamental societal choices and history and are not foremost geared towards achieving economic policy objectives. Yet, like most institutional arrangements, fiscal relations affect the behaviour of firms, households and governments and thereby...
Persistent link: https://www.econbiz.de/10011276948