Fiscal decentralization, public spending, and economic growth in China

Article Abstract:

A negative relationship between fiscal decentralization and economic growth was found to be strongly evident in China. An analysis of Chinese economy during the late 1970s revealed that the government's decision to decentralize the country's fiscal resource allocation has resulted to the decline of provincial economic growth. This may be explained by the limiting power of the few resources for public investment in national projects, such as power stations and highways, on the central government.

Economic Programs, Administration of Economic Programs, Gross National Product, China, Economic policy, Expenditures, Public, Public expenditures

---

Why countries are fiscally decentralizing

Article Abstract:

The reasons for which the countries choose to decentralize fiscally are examined. Fiscal decentralization results in growth of national income and regional development. Decentralization also results in increase in national population and overall size of the country.

Analysis, Growth, Regional development, Company growth, Countries

---

Can decentralization be beneficial?

Article Abstract:

Hierarchical governments, i.e., federations and confederations, are compared to one-tier central governments to assess the effectiveness of decentralization.

Comparative analysis, Political systems, Government centralization

Similar abstracts:

• Abstracts: Optimal taxation and spending in general competitive growth models. On optimal non-linear taxation and public good provision in an overlapping generations economy
• Abstracts: Fiscal stress and the production of public safety: a distance function theory. Some properties of egalitarian economies
• Abstracts: Mexico: the challenge of democracy. Continuity amid change: democratization, party strategies and economic policy-making in Mexico
• Abstracts: Public policy and anthropometric outcomes in the Cote d'Ivoire. The political economy of public employment programs
• Abstracts: The selection principle and market failure in systems competition

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.