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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
We can enhance development by making it easier for people to “vote with their feet” between jurisdictions. Few, if any, policy reforms can achieve such enormous increases in economic growth and opportunity. Foot voting is, in several crucial respects, a better mechanism of political...
Persistent link: https://www.econbiz.de/10012899463
Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic … institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local … development? Our study on Indonesia suggests that fiscal decentralization enhanced free and fair local elections, though the …
Persistent link: https://www.econbiz.de/10009155571
Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic … institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local … development? Our study on Indonesia suggests that fiscal decentralization enhanced free and fair local elections, though the …
Persistent link: https://www.econbiz.de/10013136490
This study examines long run and causal relationship between fiscal decentralization and economic development in … causality test showed a unidirectional causality run from economic development to fiscal decentralization i.e. economic … development granger causes fiscal decentralization (only sub-national revenue decentralization ratio) in Nigeria. By implication …
Persistent link: https://www.econbiz.de/10012937328
Persistent link: https://www.econbiz.de/10000880382
Persistent link: https://www.econbiz.de/10011644052
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/10012454676
. 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
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of...
Persistent link: https://www.econbiz.de/10013179542