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complemented by country-specific regressions for Brazil and Indonesia on account of these countries. experiences with fiscal …-voice (and trustful of strangers in the case of Brazil) than their counterparts that have not been exposed to decentralisation … decentralisation fosters social capital, measured in terms of interpersonal trust. Empirical evidence based on World Values Survey data …
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Democracy as manifested in the observance of people's political rights to elect and be elected, hence participation has gained ground over the past decade, and is found to impact positively and significantly, economic growth and income per capita, but negatively and insignificantly with poverty...
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Democracy as manifested in the observance of people's political rights to elect and be elected, hence participation has gained ground over the past decade, and is found to impact positively and significantly, economic growth and income per capita, but negatively and insignificantly with poverty...
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By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
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