Tag: Macroeconomics
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Review: Fiscal decentralization and macroeconomic management
The paper (Fiscal decentralization and macroeconomic management) by Anwar Shah published in 2006 aims to discuss a central question ¨whether or not fiscal decentralization implies serious risks for fiscal discipline and macroeconomic management for the nation as a whole.” The author claims that fiscal decentralization is more essential to improve macroeconomic regulation than a centralized fiscal…