Author : International Monetary Fund
Release : 2000-07-01
Genre : Business & Economics
Kind : eBook
Book Rating : 104/5 ( reviews)
Book Synopsis Can Fiscal Decentralization Strengthen Social Capital? by : International Monetary Fund
Download or read book Can Fiscal Decentralization Strengthen Social Capital? written by International Monetary Fund. This book was released on 2000-07-01. Available in PDF, EPUB and Kindle. Book excerpt: Countries where social and political institutions stimulate interpersonal trust, civic cooperation, and social cohesiveness tend to have more efficient governments, better governance systems, and faster growth. This paper provides cross-country evidence, based on a sample of developing and developed countries, that fiscal decentralization—the assignment of expenditure functions and revenue sources to lower levels of government—can boost social capital and therefore be integrated into second-generation reforms.