Social Sciences
4 years ago

Fiscal decentralization reforms show promising positive impact on society and economy.

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The Impact of Fiscal Decentralization: A Survey
Jorge Martínez-Vázquez, Santiago Lago Peñas, Agnese Sacchi

Paper Summary

This article reviews how fiscal decentralization affects the economy, society, and politics. It looks at how decentralization is measured and its impact on various aspects of society. The findings suggest that decentralized systems introduced worldwide in recent decades have generally had a positive impact. More research is needed to fully understand the effects of fiscal decentralization.

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