Fiscal decentralization denotes the devolution of expenditure responsibilities and revenue-raising authority from central governments to subnational jurisdictions. It rests on the principle that ...

The agreement that eurozone leaders reached last week has succeeded in engaging the private sector in the Greek rescue. The package represents a sensible compromise: eurozone countries will provide ...

Fiscal decentralization refers to the transfer of revenue‐raising powers and expenditure responsibilities from central to subnational governments. In the environmental sphere, this institutional ...

Within the context of reigniting post crisis macroeconomic growth, income inequality has emerged as a topic of significant interest for both academics and policymakers (Bastagli, Coady, and Gupta, ...

This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a stochastic frontier method to estimate time-varying efficiency coefficients and ...

In a recent IMF working paper, the impact of fiscal decentralisation has been explored on public service delivery using 64 countries inclusive of advanced, emerging and developing countries over a ...

Nepal’s transition from a unitary to a federal system of governance, characterised by decentralised decision-making and local autonomy, has presented teething problems. The mechanism for allocating ...

A new World Bank report "Fiscal Decentralization in Croatia" assesses domestic political and institutional arrangements against international trends and recommends possible reform options for ...

ISLAMABAD: As record Rs1.863 trillion budget deficit during the last fiscal year has once again exposed pitfalls of fiscal decentralisation under the 18th Amendment, the country’s top economist seeks ...

A series of decentralization reforms started in April 2000, at the end of Prime Minister Obuchi Keizō’s administration (1998–2000), and continued through September 2006, when Koizumi Jun’ichirō was ...

There is a growing interest in the issue of decentralisation of political, administrative, economic and financial dimensions. Its concern has come in the context of the trend that aims to expand the ...

In this paper, I test the effect of fiscal decentralisation on ethnic conflict while emphasising state capacities as a crucial mediating variable. I assume that fiscal decentralisation is unlikely to ...