Economics, Econometrics and Finance
3 years ago

Wrong fiscal assignments hinder local economic growth in Romania, study finds.

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SSRN Electronic Journal
The Impact of Fiscal Decentralization on Local Economic Growth. The Case of Romania
Septimiu Szabo

Paper Summary

The article examines how giving more financial power to local governments in Romania affects the local economy. By studying data from 2000 to 2015, the researchers found that the current system of fiscal decentralization in Romania is not helping local economic growth. However, if local governments have more control over their finances, it could lead to significant economic growth in the future.

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