World Development • Second Generation Fiscal Federalism: Political Aspects of Decentralization and Economic Developmentwebmaster
Barry R. Weingast
This paper reveals two general themes that arise from the various topics. One theme is that a wide range of incentives favor ineﬃcient policy choice, especially the ineﬃcient assignment and production of public goods. The other theme is centralization. The paper reveals several independent motives for political oﬃcials in the central government to centralize power, authority, and ﬁscal resources.
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