Evaluation of the country fiscal decentralization

Significance of fiscal decentralization and its impact on economic growth of country is examined in the thesis. Literature analysis revealed that interest in fiscal decentralization impact on economic growth is growing, but scientific results of the investigation gave no unambiguous answer. The problem and relevance of the thesis are based on need to create an instrument that will help to determine fiscal decentralization and its impact on economic growth of a country.

Fiscal decentralization of a country is the subject matter of the thesis. The key aim is to develop a theoretical model and to approve it in empirical terms to  assess the fiscal decentralization and its impact on country economic growth. Main objectives of the thesis: to create an index of fiscal decentralization, to  create a valuation model of fiscal decentralization impact on economic growth, integrating fiscal decentralization index and other economic growth factors, to verify applicability of the model in empirical terms and to evaluate the impact of  fiscal decentralization of a country on economic growth. Example of the EU-21 countries has been invoked in order to achieve the objective of the thesis and the implementation of the tasks.

The thesis consists of introduction, three chapters, general conclusions,   references, a list of author scientific publications on the subject of the dissertation. In the introduction investigated problem and importance of the thesis are discussed, the object of research is described, the aims and objectives of the thesis are formulated, methodology of the research is described, scientific novelty and practical significance of the thesis are highlighted, defendant assertions are submitted. Author’s conference reports and publications are presented.

In the first chapter the relevance of fiscal decentralization and the level of its investigation are analyzed, evolution of fiscal federalism theories are systemized, concept of fiscal decentralization is highlighted, theoretical and practical aspects of fiscal decentralization impact on the economic growth are analyzed. In the second chapter evaluation methods of fiscal decentralization are analyzed, selection of the most appropriate method for fiscal decentralization evaluation problem is pursued, evaluation model of fiscal decentralization impact on country’s economic growth is presented. In the third chapter empirical research is carried out. Evaluation model, applied for EU-21 countries, of fiscal decentralization impact on country’s economic growth is proposed.

13 articles on the subject of the thesis were published: 8 of them in pre-reviewed scientific journals, 5 of them in pre-reviewed international conferences publications. 8 reports on the subject of the thesis were presented at scientific conferences.

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DOI: https://doi.org/10.20334/2017-025-M