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During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...
Persistent link: https://www.econbiz.de/10011260809
Decentralisation is invariably among the recommendations that international organisations such as the World Bank make for an enhancement of social provisions, and particularly a better targeting of social assistance regimes, in Eastern and Central Europe. However, theoretical literature as wel...
Persistent link: https://www.econbiz.de/10005836017
This paper and appendices report an ongoing study of the interrelationships between technology, income distribution and other socio-economic issues in a long term global context. The present paper therefore describes the work in progress on a project to be completed by July 1980. The aim here is...
Persistent link: https://www.econbiz.de/10005619327
This paper examines the linkage among financial liberalization, economic growth and poverty reduction in Sub … growth is positively associated with poverty reduction and financial liberalization coefficients are positively related to … economic growth. It implies that financial liberalization causes economic growth. However, the coefficients of financial …
Persistent link: https://www.econbiz.de/10010726390
This paper examines the linkage among financial liberalization, economic growth and poverty reduction in Sub … growth is positively associated with poverty reduction and financial liberalization coefficients are positively related to … economic growth. It implies that financial liberalization causes economic growth. However, the coefficients of financial …
Persistent link: https://www.econbiz.de/10011108060
transition countries have developed a variety of forms of fiscal decentralization as a possible strategy to achieve effective and … efficient governmental structures. A generalized principle of decentralization due to the country specific circumstances does … not exist. Therefore, decentralization has taken place in different forms in various countries at different times, and …
Persistent link: https://www.econbiz.de/10008839209
component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … study adds to our knowledge on the transmission mechanisms of federalism and decentralization. …
Persistent link: https://www.econbiz.de/10010271861
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10011451406
This paper examines India’s federal system in the context of prospects for India’s future economic growth and development. After a brief review of India’s recent policy reforms and economic development outcomes, and of the country’s federal institutions, the analysis focuses on the major...
Persistent link: https://www.econbiz.de/10005787082
In the last two decades there has been a worldwide interest in decentralization of government in all parts of the world … effects of decentralization on macroeconomic stability. Even though there is a huge literature both theoretically and … empirically on the impact of decentralization, not many of them seems to be interested on the question of the link between …
Persistent link: https://www.econbiz.de/10008490509