Decentralized Finance (DeFi) is gaining momentum in India, showcasing both the current state and future potential of this transformative financial ecosystem. In terms of the current state, several DeFi projects and initiatives have emerged, aiming to address financial inclusion and streamline...

We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...

The literature on fiscal federalism has long debated whether fiscally decentralized countries are inherently more economically and fiscally unstable. This paper contributes to this literature by analyzing the impact of fiscal decentralization on one of the most important dimensions of...

As the U.S. continues to cope with the COVID-19 pandemic and its aftermath, state governments are faced with the challenge of prudent fiscal management considering the pandemic’s uncertain course into the near future. However, as reported elsewhere, states' revenues have largely fared better...

We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...

This Article explores the concept of “judicial federalization doctrine.” The doctrine emanates from well-documented areas of federal constitutional law, including exactions, racially motivated peremptory challenges, the exclusionary rule, same-sex sodomy, marriage, and freedom of speech and...