Documents & Reports

On the dangers of decentralization (English)


The author highlights some of the dangers of decentralizations. The benefits of decentralization in allocative efficiency are not as obvious as suggested by the standard theory of fiscal federalism. The assumptions of this theory are fragile. These...  See More +


  • Prud'homme, Remy; DEC; Prud'homme, Remy*DEC;
  • 1994/02/28
  • Policy Research Working Paper;
  • WPS1252
  • 1
  • 1
  • 2010/07/01
  • On the dangers of decentralization
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Complete Report in English

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*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.