Showing 1 - 10 of 1,339
Many countries have adopted decentralization policies in order to strengthen democratic governance. Nevertheless, empirical literature on whether decentralization actually strengthens democratic governance is relatively limited when compared to empirical literature on the impact of...
Persistent link: https://www.econbiz.de/10012107757
Considerable attention has been given to enhancing subnational development finance in response to the 2008 global financial crisis and recent global development agendas, including the Sustainable Development Goals, Financing for Development, and Habitat III/New Urban Agenda. Much work on this...
Persistent link: https://www.econbiz.de/10011975523
This paper investigates the effects of fiscal equalization grants on total expenditure and disaggregated expenditures … Japanese fiscal equalization scheme and estimating local average grant effects with a regression kink design and an … instrumental variable approach, I demonstrate that there exist heterogeneous grant effects for two groups of municipalities with …
Persistent link: https://www.econbiz.de/10013023697
Sustainable and inclusive growth in emerging Asian economies requires continued high levels of public sector investment in areas such as infrastructure, education, health, and social services. These responsibilities, especially with regard to infrastructure investment, need to be devolved...
Persistent link: https://www.econbiz.de/10011561683
Since 1975, Viet Nam has gradually decentralized more fiscal responsibilities to local authorities. This study has two objectives: (i) to take stock of the current institutional framework for intergovernmental fiscal relations in Viet Nam, and (ii) to empirically assess the debt sustainability...
Persistent link: https://www.econbiz.de/10011561785
There is considerable regional variation in incomes and poverty in the Czech Republic and gaps have grown over time. With the highest number of municipalities per head in the OECD, subnational government is very fragmented and the resulting lack of capacity at the local level reduces the quality...
Persistent link: https://www.econbiz.de/10012421297
Since 1975, Viet Nam has gradually decentralized more fiscal responsibilities to local authorities. This study has two objectives: (i) to take stock of the current institutional framework for intergovernmental fiscal relations in Viet Nam, and (ii) to empirically assess the debt sustainability...
Persistent link: https://www.econbiz.de/10012966464
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
This paper estimates causal effects of intergovernmental grant effects on expenditures and tax revenues of all … the Philippines. We also show that there are heterogeneous flypaper effects, as the cities or high-income local government … units exhibit greater flypaper effects on public expenditure …
Persistent link: https://www.econbiz.de/10013234505
Using a cost-capacity gap framework, this paper is the first study to quantify nonschool fiscal disparities across Connecticut municipalities. In the absence of a Uniform Chart of Accounts for municipalities, the paper uses a newly assembled dataset of multi-year local financial records,...
Persistent link: https://www.econbiz.de/10011401244