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Persistent link: https://www.econbiz.de/10003840193
Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military … terms of its impact on economic growth, so as to uphold or refute the claims of the defects in the present status quo. Time … actually foster economic growth, but this growth may have been inhibited by corruption, ineffective leadership, unconducive …
Persistent link: https://www.econbiz.de/10013348422
Estimations of the shadow economies for 120 countries, including developing, Eastern Europe and Central Asian and high income OECD countries over 1999 to 2006 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2004/05 in 76 developing countries is 35.5%, in...
Persistent link: https://www.econbiz.de/10003939675
The article provides direct empirical evidence on fiscal decentralisation and economic development in selected European countries in a period 1995-2012. The research (based on data taken from OECD Fiscal Decentralisation Database and OECD) is performed on a panel, which contains 17 unitary...
Persistent link: https://www.econbiz.de/10011460489
decentralization supportive of economic growth and human resource development. …
Persistent link: https://www.econbiz.de/10011473707
In this paper we empirically investigate the relationship between fiscal decentralization and economic growth in the … government expenditures and revenues has a favorable impact on economic growth in the European countries and also that revenue … decentralization is shown to be more effective than expenditure decentralization in terms of stimulating economic growth. Further, our …
Persistent link: https://www.econbiz.de/10015327232
Persistent link: https://www.econbiz.de/10009755467
We present a dynamic theory of electoral competition to study the determinants of fiscal policy. In each period, two parties choose electoral platforms to maximize the expected number of elected representatives. The platforms include public expenditure, redistributive transfers, the tax rate and...
Persistent link: https://www.econbiz.de/10011674446
The purpose of the article is analysis of participatory budgets as a tool for shaping decisions of local communities on the use of public funds. The authors ask the question of whether the current practice of using the participatory budget is actually a growing trend in local government finances...
Persistent link: https://www.econbiz.de/10011993030
primary balance, interest-rate-growth-differential and the change of government assets. Therefore, it seems reasonable to … estimate the dynamics of these three values to find the variables crucial for limiting the growth of public debt. Three groups … for the 1995-2015 period for 27 EU countries. Dependent variables included: primary balance, interest-rate-growth …
Persistent link: https://www.econbiz.de/10011967375