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Decentralisation and Economic Growth ‑ Part 1: How Fiscal Federalism Affects Long‑Term Development

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Organisation for Economic Co-operation and Development2026-04-11 收录
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Intergovernmental fiscal frameworks usually reflect fundamental societal choices and history and are not foremost geared towards achieving economic policy objectives. Yet, like most institutional arrangements, fiscal relations affect the behaviour of firms, households and governments and thereby economic activity. This paper presents empirical...
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