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Alienation to politics weakens political competition and can undermine the acceptance and legitimacy of democracy as a political system. Governance and representation problems at the local level cause part of citizens' lack of power and political alienation. Citizens have local power if they can...
Persistent link: https://www.econbiz.de/10014068720
Persistent link: https://www.econbiz.de/10011856366
Can decentralization of firms be successful in an environment with weak institutions? Decentralization can do a great …-making and enhancing motivation of employees. However, decentralization is associated with a substantial increase in agency risk … real decentralization for firms that decentralize decision-making to competitively hired professionals and cautious …
Persistent link: https://www.econbiz.de/10011894265
China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this dramatic period, but few have attempted to provide a coherent, in-depth, politicaleconomic framework that explains the fundamental mechanisms behind China’s rapid...
Persistent link: https://www.econbiz.de/10012902904
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
tenative, since there remain questions about transparency and soft budget constraints (Plekhanov 2006). We show federalism at … allocations and spending requirements. Supportive of the conclusion in Chebankova (2008), the term adaptive federalism applies to …
Persistent link: https://www.econbiz.de/10011490615
The paper reconsiders the theory of fiscal federalism in a framework inspired by property-rights theory. We set up a …
Persistent link: https://www.econbiz.de/10011538721
Recently Germany experienced yet another federal reform shortly after a previous modification to the German federal system. This paper explains agenda setting, negotiations and ratification of this recent federal reform. With regards to the case of the most recent federal reform in Germany the...
Persistent link: https://www.econbiz.de/10013138572
In many countries occur problems from unfunded mandates related to a shift of a function by an upper tier of government to lower rank governments without providing the lower one with financial means to perform these functions. The authors define the unfunded mandates and clarify how they relate...
Persistent link: https://www.econbiz.de/10013015697
This paper examines centralization of fiscal policies during the financial and economic crisis, from 2007-2012. We use set logic and QCA methodology to trace out configurations of conditions to explain events of centralization of fiscal policymaking in five European and six non-European...
Persistent link: https://www.econbiz.de/10013005441