Can Fiscal Decentralization Strengthen Social Capital?
Author | : International Monetary Fund |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 30 |
Release | : 2000-07-01 |
ISBN-10 | : 1451855109 |
ISBN-13 | : 9781451855104 |
Rating | : 4/5 (104 Downloads) |
Download or read book Can Fiscal Decentralization Strengthen Social Capital? written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2000-07-01 with total page 30 pages. 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.