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This paper assesses how decentralization can contribute, if proper political and fiscal institutions are present, to … improving service delivery in Asia. In other words, decentralization is an opportunity and a challenge at the same time. The … issues leading to "partial decentralization" that is common to most models. Consideration is also given to the emerging …
Persistent link: https://www.econbiz.de/10010336939
This study assesses fiscal sustainability in contemporary Spain at the regional level. Spain consists of 17 autonomous regions, two fiscal regimes differing in taxing autonomy, and two path-dependent types of communities with more and less legislatively recognized autonomy. Three of the 17...
Persistent link: https://www.econbiz.de/10010337588
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In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011434438
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10011436089
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development planning with a wide range of decentralization programs. The reforms gave greater authority, political power, and …, unlike in many developing and transition countries, the decentralization program in Indonesia has not caused major political … or economic problems. However, the decentralization program was ill prepared and not carried out in a logical order for …
Persistent link: https://www.econbiz.de/10011561585
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011539434
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