The basic aim of the Project is to study if China can become the next Super Power of the world. Throughout the history we have seen that the crown of “The World Superpower” has shifted from one nation to another. So to study this shift in Power we have considered four Economies that are...

The majority of the literature on fiscal decentralization has tended to stress that the greater capacity of decentralized governments to tailor policies to local preferences and to be innovative in the provision of policies and public services, the greater the potential for economic efficiency...