Can Fiscal Decentralization Strengthen Social Capital
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Can Fiscal Decentralization Strengthen Social Capital?
Author | : International Monetary Fund |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 30 |
Release | : 2000-07-01 |
Genre | : Business & Economics |
ISBN | : 9781451855104 |
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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.
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