Decentralisation and Economic Growth ‑ Part 3: Decentralisation, Infrastructure Investment and Educational Performance

Organisation for Economic Co-operation and Development2026-04-11 收录

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Theories of fiscal competition between jurisdictions suggest that investment in productive relative to consumptive spending is higher in a decentralised setting, and that efficiency of the public sector is also higher. This paper empirically analyses the link between decentralisation and the composition of public spending as well as the relation...