Can Fiscal Decentralization Strengthen Social Capital?
AbstractCountries that are rich in social capital, defined as the social and political institutions that stimulate interpersonal trust, civic cooperation, and social cohesiveness, tend to have more efficient governments, have better governance systems, and grow faster. This article provides preliminary cross-country evidence for a sample of developing and developed countries that fiscal decentralizationâthe assignment of expenditure functions and revenue sources to lower levels of governmentâcan boost social capital.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 00/129.
Date of creation: 01 Jul 2000
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- Luiz R. De Mello Jr., 2004. "Can Fiscal Decentralization Strengthen Social Capital?," Public Finance Review, , vol. 32(1), pages 4-35, January.
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