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Austria’s federal system comprises the federal government and nine provinces (Länder). The federal system is rather centralized by international standards, with the federal government (including social security funds) accounting for about 70 percent of general government spending, the...
Persistent link: https://www.econbiz.de/10011244961
This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into … account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better …
Persistent link: https://www.econbiz.de/10009654158
In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers …
Persistent link: https://www.econbiz.de/10009327869
This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved...
Persistent link: https://www.econbiz.de/10010790291
A weakness of decentralization and overall tax reforms in Latin America is the lack of attention to adequate taxation …
Persistent link: https://www.econbiz.de/10005263686
There is a widespread presumption that decentralization improves public service provision. This has led to policy …
Persistent link: https://www.econbiz.de/10005248262
Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10005769179
The purpose of this study is to formalize the choice of market entry strategy for an individual multinational enterprise (MNE) from a dynamic perspective. It is argued that incorporating a suitable treatment of irreversibility, uncertainty and flexibility related to a MNEs investment decision...
Persistent link: https://www.econbiz.de/10008540993
This paper examines the decentralization process in Colombia, particularly as it relates to reforms embodied in the … incentive structures. The paper provides a summary of the basic features of the decentralization process in Colombia, including …
Persistent link: https://www.econbiz.de/10010944040
This report focuses on Observance of Standards and Codes on Fiscal Transparency for Turkey. Turkey has continued to make progress toward meeting the requirements of the fiscal transparency code, in particular through a substantial overhaul of the legal system. The adoption of the Public...
Persistent link: https://www.econbiz.de/10011244210