Fiscal Performance, Institutional Design and Decentralization in European Union Countries
Download or Read eBook Fiscal Performance, Institutional Design and Decentralization in European Union Countries PDF written by Mr.Julio Escolano and published by International Monetary Fund. This book was released on 2012-02-01 with total page 32 pages. Available in PDF, EPUB and Kindle.
Author | : Mr.Julio Escolano |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2012-02-01 |
ISBN-10 | : 9781463943646 |
ISBN-13 | : 1463943644 |
Rating | : 4/5 (46 Downloads) |
Book Synopsis Fiscal Performance, Institutional Design and Decentralization in European Union Countries by : Mr.Julio Escolano
Book excerpt: This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better fiscal performance, especially when transfer dependency of subnational governments is low. However, subnational fiscal rules do not seem to be associated with better performance.