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Decentralization can be generally described as a process in which selected functions are assigned to sub-national units …. The literature identifies number of positive consequences of decentralization which all lead to better satisfaction of … citizens? needs for public services. Although decentralization process in Croatia started more than 10 years ago, it still has …
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This paper provides an empirical analysis on the question whether equalization payments across regions and transfers from the central government stimulate regional growth or impede it. Using a panel of 22 French regions from 2002 to 2008, we find that regional economic growth is positively...
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