Fiscal Decentralization and Subnational Fiscal Autonomy in Brazil: Some Facts of the Nineties

The Implications of Electoral Competition for Fiscal Decentralization and Subnational Autonomy in Mexico By

Some Remarks on Fiscal Decentralization and Governance

It is a great honor for me to participate in this conference. During my presentation, I would like to focus on the links between decentralization and governance. My remarks are based on my experience as a World Bank economist providing policy advice to countries of Eastern Europe, in particular Hungary. Furthermore I will draw on recent research on decentralization in which I participated (Deth...

Globalization and Fiscal Decentralization

The international integration of markets and the decentralization of authority within nation states are two defining trends of the contemporary era. A popular speculation is that globalization has caused a downward shift in the locus of governance by reducing the economic costs of smallness and allowing localities and regions with distinctive preferences to pursue their own political and econom...

Partial fiscal decentralization

The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational governments are funded by central transfers, rather than leading to full local autonomy. Despite the practical important of this arrangement, the literature contains no economic analysis of a partial decentralization regime in a Tiebout-style model. This paper provides such an a...

Fiscal decentralization and public debt

Excessive borrowing by subnational governments due to soft budget constraints and intergovernmental coordination failures might be one of the perils of decentralization. Despite a large body of case studies, empirical investigations on whether decentralization increases consolidated public debt levels are still scarce. This paper contributes to the literature by exploring econometrically for se...