Mladenovska, Suzana Makreshanska; Tashevska, Biljana - In: Economy, business & development : an international journal 5 (2024) 1, pp. 44-56
In this paper we empirically investigate the relationship between fiscal decentralization and economic growth in the … that fiscal decentralization, quantitatively measured as the ratio of local government expenditures and revenues in general … certain optimal level of fiscal decentralization in terms of economic growth. This means that fiscal decentralization is …