Subnational data requirements for fiscal decentralization: case studies from central and eastern europe (wbi learning resources series) [serdar yilmaz, jozsef hegedus, michael e bell] on amazoncom free shipping on qualifying offers. Subnational data requirements for fiscal decentralization : case studies from central eastern europe (english) abstract poverty is an outcome of interaction between economic, social, and political forces. 5 abstract the article attempts to provide an overview of the ﬁscal decentralization process in emer ging market economies in eastern europe in the last. The paper provides empirical evidence on the association between decentralization and fiscal performance of the general government on a panel of 11 former transition countries during 1996-2012, controlling for the effects of various demographic, institutional, and macroeconomic variables.
In this paper we examine, using a panel data approach with dynamic effects, the relationship between the level of fiscal decentralization and economic growth rates across 16 central and eastern european countries over the 1990-2004 period. Request pdf on researchgate | fiscal decentralization and economic growth in central and eastern europe | the majority of the literature on fiscal decentralization has tended to stress that the. Communist regimes in central and eastern europe considered it a priority to seize political control of territorial governments when they were coming to power in the 1940s.
8 decentralization and local governance in south eastern europe and southern caucasus decentralization as a key factor of development stilltherearemanybenefitsineconomicdevelopment. Market economies in eastern europe in the last 20 years using methodology developed by vo (2009), the article assesses the degree of fiscal decentralization in the region. Bulgarian lenders bucked the trend as tier 1 capital contracted in most of central and eastern europe, while czech institutions retained their status as most profitable banks in the region the banker's articles are exclusively available to registered users and full subscribers. Bank institute (wbi) are pleased to present this sourcebook on intergovernmental fiscal relations in central and eastern europe the urban institute produced the sourcebook.
Decentralized economies of capital can come together and choose whether to form a few big banks or a lot of for reform in eastern europe. Rationale for decentralization the purpose of this section is to provide a broad overview of the many different types of decentralization which can be occurring across countries and even within the same country and sector. Theoretical conceptions offer ambiguous suggestions about the precise sign of the association between decentralization and inflation (positive or negative) given the different channels in which decentralization affects macroeconomic stability, this relationship becomes a matter of empirical.
Decentralization of banks in eastern europe and the soviet union decentralization of banks in eastern europe and the soviet union as soviet communism collapsed in eastern europe in 1989, the countries of central and. Fiscal decentralization provides the link between incentives for better performance of the local government and the elected support from the citizens and is, therefore, essential for an effective system of decentralization. Decentralization of banks in eastern europe and the soviet union essay decentralization of banks in eastern europe and the soviet union as soviet communism collapsed in eastern europe in 1989, the countries of central and eastern europe began the unprecedented transition from a centralized command economy to a market economy. The article attempts to provide an overview of the fiscal decentralization process in emerging market economies in eastern europe in the last 20 years using methodology developed by vo (2009), the article assesses the degree of fiscal decentralization in the region conceptually, the measurement of.
Abstract: initial attempts at bank decentralization in post-communist countries of central and eastern europe were largely unsuccessful many newly established banks quickly went bankrupt. In eastern europe and the former soviet union, it was part of the political and economic transformation in latin america, it was to reinforce the transition to democracy in south africa, sri lanka and indonesia, it was a response to ethnic or. 332 decentralizing education in transition societies the mes implement state education policy at the indibulgaria has the worst demographic dynamics in vidual schoollevel to ensure the pursuit of quality goals europe and anegative population growth rate1 million.
Europe and its various assistance programs, the world developing countries are turning to decentralization to bank has provided assistance and conducted research escape from the traps of ineffective and inefficient on public administration reforms in the central and governance, macroeconomic instability, and inadequate eastern europe countries. The development of autonomous local self-governments is a critical, albeit often over-looked, element of the long-term transition to democracy in central and eastern europe and the newly independent states of the former soviet union all countries in the region have taken clear steps to pass. Banking in central and eastern europe and turkey - challenges and opportunities lead authors christoph klingen, deputy chief of the emerging economies unit, european dep, imf.