stability and sustainability at both the central and local government levels. Based upon the evidence on the decentralization …

Fiscal decentralization and intergovernmental fiscal relations reform have become nearly ubiquitous in developing … concerns framed by public finance, fiscal federalism, and public management principles. The literature tends to explain …

The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from … decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put … less emphasis on the effects of decentralization on macroeconomic management, although policymakers worldwide increasingly …

decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …

economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …

cantons between 1984 and 2000. From a theoretical point of view, decentralization and federalism can be associated with both …This article analyses the relationship between decentralization and the extent of fiscal discipline in the Swiss … restrict public intervention. On the other hand, decentralization has been claimed to contribute to an increase of public debt …