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In this article, updated approach to assess the impact of fiscal decentralization on economic development is offered …. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … expenditures decentralization was more essential than revenue decentralization. The vast majority of the counties from Central and …
Persistent link: https://www.econbiz.de/10012865398
exists a tendency towards decentralization in many developed and developing countries. Using micro data from the Programme … political decentralization on student performance in the areas of mathematics, reading skills and science. We observe that … fiscal decentralization exerts an unequivocal positive effect on students' outcomes in all areas, while the effect of …
Persistent link: https://www.econbiz.de/10009569606
literature on decentralization in the context of development to go beyond the traditional fiscal federalism literature. We review … some of the existing theoretical work and empirical case studies of decentralization from the point of view of delivery of …
Persistent link: https://www.econbiz.de/10014087749
Persistent link: https://www.econbiz.de/10011488209
. However, several studies have neglected the role of institutions and other institutional settings in fiscal decentralization …. This study augments the literature by revisiting the fiscal decentralization-growth nexus regarding institutional quality …
Persistent link: https://www.econbiz.de/10013164601
. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision …-makers are better informed about local needs. At the same time, decentralization has reverse effects, e.g., through coordination … consider how both anti-poverty instruments - financial assistance and decentralization - work together …
Persistent link: https://www.econbiz.de/10013316311
In this article, long term data is analyzed for the total growth of the world economy and the growth of developed (G7) and of the rapid developing economies. BRICS countries are known countries with their meetings since 2008. Rapidly developing countries such as Mexico, Argentina, Turkey,...
Persistent link: https://www.econbiz.de/10010380122
The objective of this paper is to examine whether the threshold beyond which public debt may have a detrimental effect on economic growth changes across euro area countries during the 1961-2015 period. In contrast with previous studies, we do not use panel estimation techniques, but implement a...
Persistent link: https://www.econbiz.de/10012959846
In this article, long term data is analyzed for the total growth of the world economy and the growth of developed (G7) and of the rapid developing economies. BRICS countries are known countries with their meetings since 2008. Rapidly developing countries such as Mexico, Argentina, Turkey,...
Persistent link: https://www.econbiz.de/10011110141
's decentralization policies and also, in informing future policymaking. In particular, it highlights the importance of (i) a well …
Persistent link: https://www.econbiz.de/10011993824