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Fiscal Decentralization

The Fiscal Risk of Local Government Revenue in the People’s Republic of China

July 27, 2016 LPS Initiative

Since the Tax Sharing Reform in 1994, the local government revenue of the People’s Republic of China (PRC) has faced downward risk problems. This paper reviews the fiscal and taxation reforms in the central and local […]

Decentralization

Forms of Government Decentralization and Institutional Quality: Evidence from a Large Sample of Nations

April 11, 2016 LPS Initiative

Decentralization on government functions can improve institutional quality and government functions. Over time, the manners in which governments provide services to their populations have changed due to administrative capacities and technology; the physical and fiscal traditional […]

Fiscal Decentralization

How Well Do Subnational Borrowing Regulations Work?

April 1, 2016 LPS Initiative

There are many positive aspects associated with subnational borrowing, including additional funding and promoting intergenerational equity. However, it may also endanger fiscal sustainability and macro stability due to moral hazard and soft budget constraints, making borrowing controls justified […]

Decentralization

Toward Mainstreaming and Sustaining CDD in Indonesia: Understanding Local Initiatives and the Transition from PNPM-Rural to the Villlage Law

February 12, 2016 LPS Initiative

Indonesia has adopted community-driven development for more than 15 years. When it began in 1997 as a World Bank-funded program, its aim was poverty reduction through community empowerment. While initially, the program focused on small-scale […]

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