The effects of decentralization on macroeconomic instability: Does political and institutional environment matter?
There is yet to be a consensus among economists as to the true benefits of decentralization both on the theoretical and empirical level. Nevertheless this has not stopped various countries from proceeding with the decentralizing of their economies. Indeed certain studies have shown that out of the...
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my.uum.repo.23422011-02-14T08:19:53Z http://repo.uum.edu.my/2342/ The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? Abdul Jalil, Ahmad Zafarullah HB Economic Theory There is yet to be a consensus among economists as to the true benefits of decentralization both on the theoretical and empirical level. Nevertheless this has not stopped various countries from proceeding with the decentralizing of their economies. Indeed certain studies have shown that out of the 77 developing and transition countries with populations greater than 7 million, 63 have embarked on some form of fiscal decentralization (Helmsing, 1999; Ebel, 2000). The main objective of this paper is to shed more lights on the relationship between decentralization and macroeconomic stability. Even though there is a huge literature both theoretically and empirically on the impact of decentralization, not many of them seems to be interested on the question of the link between decentralization and macroeconomic stability. It is thus our hope through this paper tp fill this gap in the literature. 2007-12 Conference or Workshop Item NonPeerReviewed application/pdf en http://repo.uum.edu.my/2342/1/Ahmad_Zafarullah_Abdul_Jalil.pdf Abdul Jalil, Ahmad Zafarullah (2007) The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished) |
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HB Economic Theory Abdul Jalil, Ahmad Zafarullah The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
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There is yet to be a consensus among economists as to the true benefits of decentralization both on the theoretical and empirical level. Nevertheless this has not stopped various countries from proceeding with the decentralizing of
their economies. Indeed certain studies have shown that out of the 77 developing and transition countries with populations greater than 7 million, 63 have embarked on some form of fiscal decentralization (Helmsing, 1999;
Ebel, 2000). The main objective of this paper is to shed more lights on the relationship between decentralization and macroeconomic stability. Even though there is a huge literature both theoretically and empirically on the
impact of decentralization, not many of them seems to be interested on the question of the link between decentralization and macroeconomic stability. It is thus our hope through this paper tp fill this gap in the literature. |
format |
Conference or Workshop Item |
author |
Abdul Jalil, Ahmad Zafarullah |
author_facet |
Abdul Jalil, Ahmad Zafarullah |
author_sort |
Abdul Jalil, Ahmad Zafarullah |
title |
The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
title_short |
The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
title_full |
The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
title_fullStr |
The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
title_full_unstemmed |
The effects of decentralization on macroeconomic instability: Does political and institutional environment matter? |
title_sort |
effects of decentralization on macroeconomic instability: does political and institutional environment matter? |
publishDate |
2007 |
url |
http://repo.uum.edu.my/2342/1/Ahmad_Zafarullah_Abdul_Jalil.pdf http://repo.uum.edu.my/2342/ |
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1644278210125365248 |
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