Fiscal decentralization denotes the devolution of expenditure responsibilities and revenue-raising authority from central governments to subnational jurisdictions. It rests on the principle that ...
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, ...
Fiscal decentralization refers to the transfer of revenue‐raising powers and expenditure responsibilities from central to subnational governments. In the environmental sphere, this institutional ...
The Ministry of the Interior and Safety is set to enhance the convenience of administrative services with artificial ...
Fiscal decentralization in Belgium progressed substantially in 2015-19. However, as decentralization of expenditure responsibilities continued to outpace decentralization of revenue authority, ...
The Herald Business = Lee Tae-hyung] Local tax revenue has grown every year, but the share of discretionary funds that local governments can spend freely has c ...
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 ...
A new World Bank report "Fiscal Decentralization in Croatia" assesses domestic political and institutional arrangements against international trends and recommends possible reform options for ...
Although the share of local expenditure has increased, more than 50% goes towards interest payments and salaries, leaving less room in the sub-national government's budget for dealing with a medical ...
Fiscal decentralisation has become a widespread phenomenon in developing countries and it has attracted increasing attention in the past few decades. The supporters of decentralisation argue that it ...
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 ...
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 ...