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Economic growth

Fiscal Decentralization

The spatial and economic impact of fiscal equalization in Germany

November 1, 2021 LPS Initiative

Many countries conduct spatial development policies targeted at economically lagging regions within their territory. Place-based policies often take the form of discretionary spending by higher-order government layers, such as the federal level, to subsidize investment […]

Decentralization

What is the impact of fiscal decentralization on economic growth?

July 30, 2021 LPS Initiative

Fiscal decentralization is a complex challenge for developed countries with mature fiscal federalism processes. The fiscal decentralization challenge is even greater for developing countries, which often face considerable capacity constraints hurdles in implementing more decentralized […]

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