Many reform results fall below expectations in the development arena, especially in the public sector. Do the reforms just need more time to work better, or should we adjust our expectations? In addressing this question, the current article draws from isomorphism to think about potential limits...

Without much preparation, Indonesia, in 2000, at a stroke replaced the previous system of centralized government and development planning with a wide range of decentralization programs. The reforms gave greater authority, political power, and financial resources directly to regencies and...

Der »Donner der Weltgeschichte«, so Josef A. Schumpeter, sei nirgendwo so deutlich zu hören wie in der Finanzgeschichte. Das mag übertrieben sein, aber zweifellos stehen auch die öffentlichen Finanzen, heute immerhin 44 Prozent des deutschen Bruttoinlandsprodukts, im Zentrum sozialer und...