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The paper analyzes the impact of decentralization on governance employing four indicators of governance and five … measures of decentralization. Depending on data availability, crosssections for a maximum of 129 countries are estimated …. Results for a panel of about 70 countries over the period 1984-2001 are also presented. The results show that decentralization …
Persistent link: https://www.econbiz.de/10010285903
The paper analyzes the impact of decentralization on governance employing four indicators of governance and five … measures of decentralization. Depending on data availability, crosssections for a maximum of 129 countries are estimated …. Results for a panel of about 70 countries over the period 1984-2001 are also presented. The results show that decentralization …
Persistent link: https://www.econbiz.de/10003289307
The paper analyzes the impact of decentralization on governance employing four indicators of governance and five … measures of decentralization. Depending on data availability, crosssections for a maximum of 129 countries are estimated …. Results for a panel of about 70 countries over the period 1984-2001 are also presented. The results show that decentralization …
Persistent link: https://www.econbiz.de/10005227332
In response to recessions beginning in 1975, 2001, and 2007, the federal government provided financial aid to states with the dual goals of stabilizing state finances and stimulating the economy. The timing of fund provision and the ultimate allocation of funds were often less than optimal. The...
Persistent link: https://www.econbiz.de/10013139462
The release of the final draft of the Consultative Committee (Con-Com) to Review the 1987 Constitution, officially designated as “Bayanihan Federalism”, has spurred vigorous debate, with much discussion focusing on the fiscal repercussions of moving towards a federal form of government. This...
Persistent link: https://www.econbiz.de/10012909989
Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers. We study how parliamentary representation of municipalities on the federal level influences the allocation of federal transfers to municipal governments under this type of...
Persistent link: https://www.econbiz.de/10013315289
This paper reviews the fiscal relations between the three levels of government in Austria and points to the scope for reforming them with a view to improving the efficiency of the public sector. Key areas of public sector activity are subject to complex relations across the three layers of...
Persistent link: https://www.econbiz.de/10012442965
Fiscal federalism can be an important complement to structural reforms and budget consolidation. Empowering sub national governments, while at the same time making them accountable to local citizens in the uses of tax money, could improve the allocation of public resources and promote catch up...
Persistent link: https://www.econbiz.de/10012446495
Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers. We study how parliamentary representation of municipalities on the federal level influences the allocation of federal transfers to municipal governments under this type of...
Persistent link: https://www.econbiz.de/10012291881
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...
Persistent link: https://www.econbiz.de/10014164095