In this paper, we offer a comprehensive and updated review of the impact of fiscal
decentralization on the economy, society and politics. Our first target is the examination of …

Using 59 studies, we perform a meta‐regression analysis of studies examining the
relationship between inflation and central bank independence (CBI). The studies considered …

A comprehensive introduction to public policy and the policy cycle, the fully revised second
edition of this popular textbook offers a practical guide to the topic while remaining …

China's economic reforms have resulted in spectacular growth and poverty reduction.
However, China's institutions look ill-suited to achieve such a result, and they indeed suffer …

Political scientists have long classified systems of government as parliamentary or
presidential, two-party or multiparty, and so on. But such distinctions often fail to provide …

Fiscal decentralization may indeed have a direct impact on economic growth but the
theoretical underpinnings for this relationship remain largely undeveloped. A fair summary …

Both advocates and critics of decentralization assume that decentralization invariably
increases the power of subnational governments. However, a closer examination of the …

This article uses cross-national data to examine the effects of fiscal and political institutions
on the fiscal performance of subnational governments. Long-term balanced budgets among …

A first generation of studies of the causes and consequences of decentralization and
federalism viewed decentralization as a simple zero-sum transfer of authority from the center …

Despite mixed empirical evidence, in the past two decades central bank independence
(CBI) has been on the rise under the assumption that it ensures price stability. Using an …