Fiscal decentralization and macroeconomics stability nexus: Evidence from the Sub-national governments context of Ethiopia

Decentralization and Sub-National Governance: New Methodological Issues and Evidence

Distribution of Powers between Central Governments and Sub-national Governments

The views expressed and the content presented in the paper are those of the authors and do not imply any expression of opinion on the part of the United Nations.

Fiscal Decentralization and Human Development: Some Evidence from Argentina

Fiscal decentralization implies a transfer of resources (tax revenues) from the federal government to the provincial governments (which were previously being spent by the former). Those in favor of decentralization would argue that this is conducive to human development due to a host of reasons not least because local governments are believed to be more in touch with local needs, tastes and cul...

Fiscal stringency and fiscal sustainability: Panel evidence from the American state and local governments

Most state (and local) governments in the U.S. operate under formal fiscal rules which limit their ability to run budget deficits and resort to debt financing. A priori, one would expect to find evidence in favor of an intertemporally balanced budget, or fiscal sustainability, for these states, especially those characterized by a relatively high degree of fiscal stringency. We test this hypothe...

On the Welfare Gains from Fiscal Decentralization

The traditional economic case for decentralised fiscal choice is based on the welfare gains from an improved allocation of resourceswithin the public sector. Fiscal decentralizationallows individualjurisdictions(I shall refer to them as «local governments») to tailor the levels of local public outputs to the particular tastes and other circumstances that characterizetheir respective communities...