Decentralization and Macroeconomic Management:
The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put less emphasis on the effects of decentralization on macroec...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1997
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Schriftenreihe: | IMF Working Papers
Working Paper No. 97/155 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put less emphasis on the effects of decentralization on macroeconomic management, although policymakers worldwide increasingly have to grapple with these effects. This paper examines the constraints that a high degree of decentralization can place on the ability of the central government to carry out its traditional macroeconomic management functions and explores various ways to minimize these constraints |
Beschreibung: | 1 Online-Ressource (16 p) |
ISBN: | 1451857276 9781451857276 |
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index_date | 2024-07-03T20:13:24Z |
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spelling | Ter-Minassian, Teresa Verfasser aut Decentralization and Macroeconomic Management Ter-Minassian, Teresa Washington, D.C International Monetary Fund 1997 1 Online-Ressource (16 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 97/155 The literature on fiscal federalism has amply discussed both the potential efficiency and welfare gains from decentralization and the potential trade-offs between decentralization and income redistribution. By contrast, it has generally put less emphasis on the effects of decentralization on macroeconomic management, although policymakers worldwide increasingly have to grapple with these effects. This paper examines the constraints that a high degree of decentralization can place on the ability of the central government to carry out its traditional macroeconomic management functions and explores various ways to minimize these constraints Online-Ausg http://elibrary.imf.org/view/IMF001/01580-9781451857276/01580-9781451857276/01580-9781451857276.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ter-Minassian, Teresa Decentralization and Macroeconomic Management |
title | Decentralization and Macroeconomic Management |
title_auth | Decentralization and Macroeconomic Management |
title_exact_search | Decentralization and Macroeconomic Management |
title_exact_search_txtP | Decentralization and Macroeconomic Management |
title_full | Decentralization and Macroeconomic Management Ter-Minassian, Teresa |
title_fullStr | Decentralization and Macroeconomic Management Ter-Minassian, Teresa |
title_full_unstemmed | Decentralization and Macroeconomic Management Ter-Minassian, Teresa |
title_short | Decentralization and Macroeconomic Management |
title_sort | decentralization and macroeconomic management |
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