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. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging … associated with lower growth rates, while expenditures decentralization could slightly encourage economic development. The … overall decentralization indicator adversely affected the growth, but that interconnection was not robust. The empirical …
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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...
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growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 ….3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from …
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. Political decentralization : Role of political parties from colonial times -- Rural local governance and administrative …Part 1. The Setting. Decentralized governance and development in India : An introduction -- Seeing PRIs in India and … their History from a Gandhian perspective -- The evolution of devolution -- Part 2. Dimensions of Decentralization …
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