Towards Sustainable Development: Tackling Relations

Genys, Dainius

doi:10.9770/jssi.2016.6.1(2)

Cited by 3 publications

(3 citation statements)

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“…A large number of factors affect economic development (Ignatavicius et al, 2015;Travkina & Tvaronaviciene, 2015;Genys, 2016;Aleksejeva, 2016), including fiscal decentralization, which also has a particular role in it (Musgrave, 1959;Oates, 1972).…”

Section: Source: Authorsmentioning

confidence: 99%

Evaluation of the Fiscal Decentralization: Case Studies of European Union

Slavinskaitė¹,

Novotný

Gedvilaitė

2020

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Fiscal decentralization has been widely discussed at various levels and from various perspectives. The Organization for Economic Co-operation and Development (the OECD), similar to the World Bank, also pays great attention to it. Fiscal decentralization has always been an interesting investigation topic, and the researchers, in addition to considering the future of the economy, study this problem from different perspectives, i.e. geographic, political and others. The effect of fiscal decentralization on the economic development of the state has been investigated by various authors. Three different hypotheses provide the proofs of the positive effect of fiscal decentralization. The main advantage of fiscal federalism are efficient and adequate public services which are provided locally through the mobility of the citizens, voting power and competition between the local governments in the created ecosystem. The potential advantages of the competition among the local government powers are similar to the advantages associated with the competition on the private markets. The paper is focussed on fiscal decentralization of the state. It aims to investigate the theoretical aspect of the impact of fiscal decentralization on the economic development to calculate the index of fiscal decentralization and to evaluate the effect of fiscal decentralization on the economic development in the particular states of the European Union. Thus, Bulgaria and Lithuania have the lowest fiscal decentralization index of , while the Czech Republic has the highest index (0.46). The researchers have proved the effect of fiscal decentralization on the economic development of the EU-13 states to be statistically significant and positive. The originality of this paper is that it introduces a theoretical model for evaluating the fiscal decentralization effect on the economic development and assesses the fiscal decentralization effect on the economic development of the particular EU-13 states.

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Section: Source: Authorsmentioning

confidence: 99%

Evaluation of the Fiscal Decentralization: Case Studies of European Union

Slavinskaitė¹,

Novotný

Gedvilaitė

2020

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“…It requires different production and consumption patterns, innovations etc. (Strielkowski 2016;Šimelytė et al 2016;Shatrevich, Strautmane 2015;Tvaronavičienė 2016;Genys 2016;Rezk et al 2015;Rezk et al 2016;Tvaronavičienė et al 2015;Jurigová et al 2016;Shevchuk et al 2016;Petrenko et al 2016) Broader model of circular economy consists of eco-design, repair, reuse, refurbishment, remanufacture, product sharing, waste prevention and waste recycling (see Fig. 2).…”

Section: Circular Economy and Evaluation Indicatorsmentioning

confidence: 99%

Sustainable Development: The Circular Economy Indicators’ Selection Model

Banaitė¹,

Tamošiūnienė²

2016

JSSI

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Circular economy conception is a result of development of sustainability. Since 1987, when the World Commission on Environment and Development (WCED) has developed and published the document "Our Common Future", numerous institutions monitor sustainable development (SD) at global, national or regional level. Recently The European Commission adopted a Circular Economy Package, which consists of an EU Action Plan for the Circular Economy that establishes a concrete programme of action, with measures covering the whole cycle and sets out the timeline when the actions will be complete. This paper analyses and tries to answer a question about what should be taking into account setting circular economy indicators.

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“…Economic growth is affected by wide arrow of factors (Travkina, Tvaronavičienė 2015;Ignatavičius et al 2015;Aleksejeva 2016;Genys 2016), among which fiscal decentralization plays certain role (Musgrave 1959;Oates 1972). What is the relationship between FD and economic growth?…”

Section: Literature Review Of Fiscal Decentralization and Economic Grmentioning

confidence: 99%

Fiscal Decentralization and Economic Growth in Selected European Countries

Slavinskaitė

2017

Journal of Business Economics and Management

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Abstract. The paper analyses the fiscal decentralization effects on economic growth in unitary countries of European Union for the period 2005-2014. The empirical analysis was based on the multiple regression method. The fixed effect panel model was used as framework for the analysis. In order to examine the different impact of fiscal decentralization, the same analysis was applied to subsets of countries categorized into two groups according to countries' level of economic development. This further analysis found that there is positive relationship between fiscal decentralization and economic growth in low level of economically developing countries and no relationship in high level of economically developed countries. These results suggested that fiscal decentralization is not always instrument for promotion of economic growth, which means that country's economic development level is an important factor when introducing reform of fiscal decentralization. The originality of this article -new fiscal decentralization index and evaluated fiscal decentralization level influence for countries economic growth.

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Towards Sustainable Development: Tackling Relations

Cited by 3 publications

References 0 publications

Evaluation of the Fiscal Decentralization: Case Studies of European Union

Evaluation of the Fiscal Decentralization: Case Studies of European Union

Sustainable Development: The Circular Economy Indicators’ Selection Model

Fiscal Decentralization and Economic Growth in Selected European Countries

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