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public goods. Therefore, my findings indicate that decentralization can lead to a failure in the provision of local public …
Persistent link: https://www.econbiz.de/10012419389
Democracy and ballot box voting have often been held up as central elements of the American political tradition. Less emphasis has been placed on the centrality of “voting with your feet.” Yet in many ways, it is an even more fundamental and distinctive feature of American politics than...
Persistent link: https://www.econbiz.de/10012871467
One of the biggest problems with modern democracy is that most of the public is usually ignorant about politics and government. Many people understand that their votes are unlikely to change the outcome of an election and don't see the point in learning much about politics. This creates a nation...
Persistent link: https://www.econbiz.de/10012850464
The Catawba Digital Economic Zone (“CDEZ”) achieved a number of firsts when it launched in late 2022: the world’s first entirely virtual special jurisdiction devoted to financial services using technologies like blockchains, cryptocurrencies, digital assets, and artificial intelligence...
Persistent link: https://www.econbiz.de/10014349518
As the 2008 financial crisis spread globally, it became widely apparent that an essential ingredient to preventing future systemic crises was reform of the regulation of financial markets. Two ambitious initiatives for regulatory reform are the European Union's European System of Financial...
Persistent link: https://www.econbiz.de/10014186176
Persistent link: https://www.econbiz.de/10012752411
The issue of sovereign debt - its character and effect - is really part of the much larger battle between two fundamentally opposed visions of the nature and character of the nation-states in general, and debtor states in particular, and of the global system that maintains the market for such...
Persistent link: https://www.econbiz.de/10014027884
The 2004 election year provided many focus points for those interested in stem cell research and its potential outcomes. California's Proposition 71, in particular, has arguably led the way to a new era of state and local public funding of stem cell research. This article does not address the...
Persistent link: https://www.econbiz.de/10014066285
. With this the location or site of governance is changing. Thus the need is to situate the debate on decentralization in … context of globalization. It has been argued that 'how decentralization is designed' depends on 'why decentralization is being …
Persistent link: https://www.econbiz.de/10012707292
In this essay, I argue that the various institutional settings of fiscal decentralization observed in developing … Generalized Method of Moments (GMM) to address the issue of endogeneity, which is a common issue in fiscal decentralization … studies. The findings show a strong nonlinear relationship between institutional quality and fiscal decentralization metrics …
Persistent link: https://www.econbiz.de/10014503099