Decentralization and Macroeconomic Management

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 macroeconomic management, although policymakers... READ MORE...

Publication date: November 1997
ISBN 9781451857276
$15.00

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