Among Polish cities facing socio-economic difficulties are the former regional capitals which lost their administrative status due to the 1998 reform, reducing the number of regions from 49 to 16. Making use of this quasiexperimental setting, we assess the impact of the loss of administrative...

This paper aims to examine whether the status of fiscal decentralization generates efficiency in local spending behavior and leads to local fiscal performance and local economic growth, revealing not only the status of Romania from the point of vertical fiscal imbalance but also the fiscal...

This research is a quantitative study which aims to examine the level of corruption in the Indonesian local government with its influencing determinants, namely fiscal decentralization, government internal audit, and law enforcement and natural resources as moderating variables. The population...

Financial inclusion is seen as a dynamic tool for achieving multifaceted macroeconomic stability, inclusive and sustainable economic growth, job creation, poverty reduction, and income equality for both developed and developing nations. To achieve this inclusion the needy segments of population...

The emergence of so-called "decentralised finance" (DeFi) and a shadow financial system of cryptocurrency exchanges and stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the same rules. This paper makes the case for...

Kenya adopted a new constitution and began the process of devolution in 2010, ceding many formerly national responsibilities to new county governments. As an institutional response to longstanding grievances, this radical restructuring of the Kenyan state had three continuing main objectives:...

This paper surveys the literature relevant for comparing centralized and decentralized wholesale electricity markets. Under a centralized design, producers submit detailed cost data to the system operator the day before delivery, who then decides how much to produce for each generation unit....

Cypherpunk refers to social movements, individuals, institutions, technologies, and political actions that, with a decentralised approach, defend, support, offer, code, or rely on strong encryption systems in order to re-shape social, political, or economic asymmetries. Based on a literature...

With the advent of Coronavirus disease 2019 (COVID-19), Brazil has come out with one of the fastest and most generous social protection responses globally. Auxilio Emergencial (AE's) operation is in contrast to that of regular social protection programs due to its highly centralized setup with...

International and domestic efforts to respond to the severe global challenge of climate change are on the rise and evolving. Despite the importance of action from multiple levels of government, public sector reforms to address climate change and to promote decentralization and or...

Since its independence the Republic of Croatia has commenced a thorough reconstruction of its taxation system according to the market economy taxation policy. Essential taxation reforms have brought the system closer to EU systems i.e. it has been being harmonized with taxation systems of...

This paper aims to analyze the impacts of a backup agreement contract on the performance of a small agricultural producers' citrus supply chain. A backup agreement contract, which ensures for each echelon that a quantity of products will be bought independently of real demand, is proposed to...

Fiscal federalism theorists have long been intrigued by the relationship between fiscal decentralization and poverty. Few people, however, consider cross-country research of similar linkages in developing countries. This research will provide new empirical evidence on the relationship between...

Uganda's post-colony continues to be haunted by the colonial logic of ethnicity. This logic has mapped the country's post-colonial political landscape as a terrain on which spirals of ethnic-based conflicts and violence are the norm. Because colonial ethnic spatial demarcations were also...

This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...

Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue that a fundamental value the blockchain provides is commitment. I develop a model of an...

Energy Transition commonly refers to changes during the time of a specific geographical unit, but rarely considers changes in the spatial organization of the energy system and how urban area, place and scale can shape it. Considering the geographies of a low-carbon energy transition means not...

Whereas region-based ethnic favoritism in public good provision is widely studied, ethnic favoritism by lower governments allocating individual benefits to specific beneficiaries is more easily observable by individuals and therefore a more salient source of ethnic resentment, in addition to...

Using a unique sample of Chinese business group firms required by the government to disclose double financial statements for the parent and its subsidiaries, we examine the impact of a decentralized decision structure on executive compensation and further tests its mechanism. Our findings show...