Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries
Since 1970 era, the discussion about fiscal decentralization becomes an important subject. A recent World Bank study found that of the 75 developing and transition countries in the world with populations greater than 5 million, all but 12 claim to be embarked on some transfer of fiscal power from th...
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Format: | Article |
Language: | English |
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Universitas Islam Indonesia
2009-07-01
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Series: | Economic Journal of Emerging Markets |
Online Access: | https://jurnal.uii.ac.id/JEP/article/view/615 |
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author | Abd. Ghafar b. Ismail Muhammad Zilal Hamzah Jhon Tafbu Ritonga |
author_facet | Abd. Ghafar b. Ismail Muhammad Zilal Hamzah Jhon Tafbu Ritonga |
author_sort | Abd. Ghafar b. Ismail |
collection | DOAJ |
description | Since 1970 era, the discussion about fiscal decentralization becomes an important subject. A recent World Bank study found that of the 75 developing and transition countries in the world with populations greater than 5 million, all but 12 claim to be embarked on some transfer of fiscal power from the central to sub national governments. This is a revolu-tion of how people think fiscally. The subject has also attracted many researchers to explore the decentralization system. As such many researchers mainly try to focus that fiscal decen-tralization would have a significant effect on economic growth. Empirically, these research-ers also prove that the decentralization approach of a nation's fiscal structure is an effective strategy to promote economic growth. The central structure of fiscal decentralization is the degree that creates growth-promoting decentralization systems that distinguish decentraliza-tion system capabilities in promoting economic growth to a greater or lesser degree. Hence, this paper will provide the empirical evidence for selected Muslim countries where these countries adopt the differences approaches in fiscal decentralization, i.e., transition coun-tries versus countries with a well-functioning fiscal system.
JEL classification: H7; O4
Keywords: fiscal decentralization; economic growth
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id | doaj.art-bed6c4d2c0714b0c9faa645dc198140e |
institution | Directory Open Access Journal |
issn | 2086-3128 2502-180X |
language | English |
last_indexed | 2024-12-12T00:01:18Z |
publishDate | 2009-07-01 |
publisher | Universitas Islam Indonesia |
record_format | Article |
series | Economic Journal of Emerging Markets |
spelling | doaj.art-bed6c4d2c0714b0c9faa645dc198140e2022-12-22T00:45:13ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2009-07-019210.20885/ejem.v9i2.615Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim CountriesAbd. Ghafar b. IsmailMuhammad Zilal HamzahJhon Tafbu RitongaSince 1970 era, the discussion about fiscal decentralization becomes an important subject. A recent World Bank study found that of the 75 developing and transition countries in the world with populations greater than 5 million, all but 12 claim to be embarked on some transfer of fiscal power from the central to sub national governments. This is a revolu-tion of how people think fiscally. The subject has also attracted many researchers to explore the decentralization system. As such many researchers mainly try to focus that fiscal decen-tralization would have a significant effect on economic growth. Empirically, these research-ers also prove that the decentralization approach of a nation's fiscal structure is an effective strategy to promote economic growth. The central structure of fiscal decentralization is the degree that creates growth-promoting decentralization systems that distinguish decentraliza-tion system capabilities in promoting economic growth to a greater or lesser degree. Hence, this paper will provide the empirical evidence for selected Muslim countries where these countries adopt the differences approaches in fiscal decentralization, i.e., transition coun-tries versus countries with a well-functioning fiscal system. JEL classification: H7; O4 Keywords: fiscal decentralization; economic growth https://jurnal.uii.ac.id/JEP/article/view/615 |
spellingShingle | Abd. Ghafar b. Ismail Muhammad Zilal Hamzah Jhon Tafbu Ritonga Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries Economic Journal of Emerging Markets |
title | Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries |
title_full | Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries |
title_fullStr | Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries |
title_full_unstemmed | Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries |
title_short | Fiscal Decentralization and Economic Growth: Evidence from Selected Muslim Countries |
title_sort | fiscal decentralization and economic growth evidence from selected muslim countries |
url | https://jurnal.uii.ac.id/JEP/article/view/615 |
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