Suchergebnisse

This paper analyses the relationship between fiscal decentralization and the level of the public debt in the twenty seven member countries of the European Union. Our panel data analysis points to the importance of size as fiscal decentralization reduces public debt in large and small countries, but not in medium - size countries. In addition, our results show that the number of government levels and average size of the lowest government unit is insignificant with respect to the public debt in these countries.

This volume focuses on the concepts of ownership under communism. It traces the evolution of economic ideas of property reform leading from the doctrine of blanket nationalization to projects of moderate privatization in eight countries of Eastern Europe and China on the eve of the 1989 revolutions.