The impact of fiscal decentralization on growth, inflation and inequality in the Americas

This paper analyses the impact of fiscal decentralization on economic growth, inflation and Gini coefficients in 12 countries of the Americas. The findings suggest that the positive impact of this process has been more modest than anticipated, with revenue decentralization having a detrimental effec...

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Autor principal:	Bojanic, Antonio N.
Formato:	Texto
Lenguaje:	English
Publicado:	2018
Materias:	POLITICA FISCAL ADMINISTRACION FISCAL DESCENTRALIZACION GUBERNAMENTAL CRECIMIENTO ECONOMICO INFLACION DISTRIBUCION DEL INGRESO ESTABILIZACION DE PRECIOS MEDICION FISCAL POLICY TAX ADMINISTRATION DECENTRALIZATION IN GOVERNMENT ECONOMIC GROWTH INFLATION INCOME DISTRIBUTION PRICE STABILIZATION MEASUREMENT
Acceso en línea:	http://hdl.handle.net/11362/43951
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spelling	oai-11362-439512020-09-28T15:22:16Z The impact of fiscal decentralization on growth, inflation and inequality in the Americas Bojanic, Antonio N. POLITICA FISCAL ADMINISTRACION FISCAL DESCENTRALIZACION GUBERNAMENTAL CRECIMIENTO ECONOMICO INFLACION DISTRIBUCION DEL INGRESO ESTABILIZACION DE PRECIOS MEDICION FISCAL POLICY TAX ADMINISTRATION DECENTRALIZATION IN GOVERNMENT ECONOMIC GROWTH INFLATION INCOME DISTRIBUTION PRICE STABILIZATION MEASUREMENT This paper analyses the impact of fiscal decentralization on economic growth, inflation and Gini coefficients in 12 countries of the Americas. The findings suggest that the positive impact of this process has been more modest than anticipated, with revenue decentralization having a detrimental effect on economic growth and expenditure decentralization a positive one in developing nations of the Americas. Regarding the impact on income inequality, the results indicate that fiscal decentralization can play an important role in reducing this, particularly on the revenue side, but when decentralization is analysed in developing nations of the Americas only, fiscal decentralization is shown to accentuate rather than mitigate income inequality, which highlights the significant amount of work that is yet to be done before this process delivers on expectations. The findings for the impact of fiscal decentralization on price stability are inconclusive. 2018-08-15T15:52:33Z 2018-08-15T15:52:33Z 2018-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/43951 LC/PUB.2018/5-P 3 en CEPAL Review CEPAL Review 124 .pdf application/pdf AMERICA DEL NORTE AMERICA LATINA LATIN AMERICA NORTH AMERICA
institution	Cepal
collection	Cepal
language	English
topic	POLITICA FISCAL ADMINISTRACION FISCAL DESCENTRALIZACION GUBERNAMENTAL CRECIMIENTO ECONOMICO INFLACION DISTRIBUCION DEL INGRESO ESTABILIZACION DE PRECIOS MEDICION FISCAL POLICY TAX ADMINISTRATION DECENTRALIZATION IN GOVERNMENT ECONOMIC GROWTH INFLATION INCOME DISTRIBUTION PRICE STABILIZATION MEASUREMENT
spellingShingle	POLITICA FISCAL ADMINISTRACION FISCAL DESCENTRALIZACION GUBERNAMENTAL CRECIMIENTO ECONOMICO INFLACION DISTRIBUCION DEL INGRESO ESTABILIZACION DE PRECIOS MEDICION FISCAL POLICY TAX ADMINISTRATION DECENTRALIZATION IN GOVERNMENT ECONOMIC GROWTH INFLATION INCOME DISTRIBUTION PRICE STABILIZATION MEASUREMENT Bojanic, Antonio N. The impact of fiscal decentralization on growth, inflation and inequality in the Americas
description	This paper analyses the impact of fiscal decentralization on economic growth, inflation and Gini coefficients in 12 countries of the Americas. The findings suggest that the positive impact of this process has been more modest than anticipated, with revenue decentralization having a detrimental effect on economic growth and expenditure decentralization a positive one in developing nations of the Americas. Regarding the impact on income inequality, the results indicate that fiscal decentralization can play an important role in reducing this, particularly on the revenue side, but when decentralization is analysed in developing nations of the Americas only, fiscal decentralization is shown to accentuate rather than mitigate income inequality, which highlights the significant amount of work that is yet to be done before this process delivers on expectations. The findings for the impact of fiscal decentralization on price stability are inconclusive.
format	Texto
author	Bojanic, Antonio N.
author_facet	Bojanic, Antonio N.
author_sort	Bojanic, Antonio N.
title	The impact of fiscal decentralization on growth, inflation and inequality in the Americas
title_short	The impact of fiscal decentralization on growth, inflation and inequality in the Americas
title_full	The impact of fiscal decentralization on growth, inflation and inequality in the Americas
title_fullStr	The impact of fiscal decentralization on growth, inflation and inequality in the Americas
title_full_unstemmed	The impact of fiscal decentralization on growth, inflation and inequality in the Americas
title_sort	impact of fiscal decentralization on growth, inflation and inequality in the americas
publishDate	2018
url	http://hdl.handle.net/11362/43951
work_keys_str_mv	AT bojanicantonion theimpactoffiscaldecentralizationongrowthinflationandinequalityintheamericas AT bojanicantonion impactoffiscaldecentralizationongrowthinflationandinequalityintheamericas
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The impact of fiscal decentralization on growth, inflation and inequality in the Americas

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