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The article provides direct empirical evidence on fiscal decentralisation and economic development in selected European countries in a period 1995-2012. The research (based on data taken from OECD Fiscal Decentralisation Database and OECD) is performed on a panel, which contains 17 unitary...
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the potential of "more growth-friendly tax structure" which means shifting tax burden away from labor (income and social … local governments' economic size; growth of revenues and budget stability. There will be used quantitative research methods …
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to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide …
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role in recent agricultural growth. The paper also analyzes the effect of public spending in 2006-2017 on growth in …
Persistent link: https://www.econbiz.de/10012265566
primary balance, interest-rate-growth-differential and the change of government assets. Therefore, it seems reasonable to … estimate the dynamics of these three values to find the variables crucial for limiting the growth of public debt. Three groups … for the 1995-2015 period for 27 EU countries. Dependent variables included: primary balance, interest-rate-growth …
Persistent link: https://www.econbiz.de/10011967375
The transfer of responsibilities from central to local government has often been justified on the grounds of efficiency and democracy under the principle of subsidiarity. The existing models for mapping local government power in Europe, however, are often insufficiently detailed to allow...
Persistent link: https://www.econbiz.de/10014197391
In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...
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