On the Measurement and Impact of Fiscal Decentralization

• Tác giả: Robert D Ebel
• Ngôn ngữ: eng
• Ký hiệu phân loại: 339.52 Use of fiscal policy
• Thông tin xuất bản: World Bank, Washington, D.C., 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 300651
• Chủ đề: 1. AUTHORITY; 2. BORROWING; 3. CENTRAL GOVERNMENT; 4. CENTRAL GOVERNMENT CONTROL; 5. DECENTRALIZATION IN GOVERNMENT; 6. MACROECONOMIC STABILITY; 7. GOVERNMENT FINANCE; 8. INTERGOVERNMENTAL FISCAL RELATIONS; 9. INTERGOVERNMENTAL TAX RELATIONS; 10. INTERGOVERNMENTAL TRANSFERS; 11. PUBLIC FINANCE; 12. CROSS COUNTRY ANALYSIS; 13. TAX REVENUES; 14. SUBNATIONAL FINANCES; 15. GOVERNMENT SPENDING POLICY; 16. ECONOMIC GROWTH; 17. PUBLIC SECTOR MANAGEMENT; 18. FISCAL MANAGEMENT; 19. REVENUE SHARING ACCOUNTABILITY

Tóm tắt

The typical post-Bretton Woods era development approach that emphasized central government-led development efforts has changed dramatically, and local governments have clearly emerged as players in development policy. The thinking about what is important to achieve in development objectives is changing as fiscal decentralization reforms are being pursued by many countries around the world. In this context, a number of studies have attempted to quantify the impact of decentralization by relating some measure of it to economic outcomes of fiscal stability, economic growth, and public sector size. But decentralization is surprisingly difficult to measure. Nearly all cases examining the relationship between decentralization and macroeconomic performance have relied on the Government Finance Statistics (GFS) of the International Monetary Fund. However, despite its merits, GFS falls short in providing a full picture of fiscal decentralization. For some countries, however, there is data that more accurately captures fiscal responsibilities among different types of governments.