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Fiscal Decentralization and Its Economic Performance
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Asadollah Farzinvash *   , Mahdi Sadeghi Shahdani , Mohammad Ghaffary Fard |
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Abstract: (21149 Views) |
| In the economic literature, decentralization theories are considered as promoting Governments productivity and efficiency and establishing regional balances. Decentralization is also a basic tool for shaping a market-based economy in developing economies. This paper reviews the economic performance of fiscal decentralization and its effect on economic variables. Despite criticisms on the implication of fiscal decentralization polices in developing and transition economies, many economists believe that fiscal decentralization policies implicitly affect economic growth and show that fiscal decentralization may affect economic growth through the impact of fiscal decentralization on economic efficiency, regional distribution of resources, macroeconomic stability and democratic Governments. |
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| Keywords: : Fiscal Decentralization, Economic Growth, Macro-estability, Regional Distribution of Resources, Democratic Government |
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Type of Study: Research |
Subject:
General
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