In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers. Sub-national governments have then to rely on transfers from the center and borrowing to finance their spending. When this occurs, we find that the overall fiscal deficit...

On 10 March 2020, the Bolivian government identified two COVID-19 cases in Bolivians returning from Italy. The national government responded swiftly and sent the country into one of the world's strictest lockdowns on 22 March 2020. However, low state capacity and low government legitimacy...

While it is recognized that effective state institutions are pivotal for economic development, it is not well understood what their origins are and what explains their cross-country differences. We focus on budget institutions in developing economies, as efficient public finance planning in such...

On 10 March 2020, the Bolivian government identified two COVID-19 cases in Bolivians returning from Italy. The national government responded swiftly and sent the country into one of the world's strictest lockdowns on 22 March 2020. However, low state capacity and low government legitimacy...

While it is recognized that effective state institutions are pivotal for economic development, it is not well understood what their origins are and what explains their cross-country differences. We focus on budget institutions in developing economies, as efficient public finance planning in such...