Abstract

Fiscal decentralisation has recently emerged as a fundamental issue in the sciences literature. The issue has attracted the attention of both academics and international institutions such as the Organization for Economic Co-operation and Development (Eng. Organization for Economic Co-operation and Development, hereinafter - the OECD) gives it an extreme attention as well as the World Bank. Fiscal the World Bank. Fiscal decentralization is an important aspect of fiscal institutions in both developing and developed countries. The article attempts to provide an overview of the fiscal decentralization concept and analyse fiscal decentralization in different EU countries clusters. The empirical results show that, in general, the degree of fiscal decentralization is higher in high economic growth countries than in low economic growth Europe countries. Fiscal decentralization index ranges from 0,75 till 0,28 (0.75 in Sweden and 0.28 in Lithuania and Bulgaria).

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.