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Upcoming Course: Local Economic Development
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Economic growth
Fiscal Decentralization
The spatial and economic impact of fiscal equalization in Germany
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?
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 […]