Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

‘This is a timely book on an important topic that offers interesting new insights. It is written by an expert on fiscal decentralization. A must read for everyone interested in fiscal decentralization.’

• ContentsPreface 1 Introduction: understanding fiscal decentralization 2 The theory of fiscal decentralization 3 A benchmark model: fiscal decentralization versuscentralization 4 Empirical evidence on fiscal decentralization 5 Conclusions and further implications References

Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

‘This is a timely book on an important topic that offers interesting new insights. It is written by an expert on fiscal decentralization. A must read for everyone interested in fiscal decentralization.’

• ContentsPreface 1 Introduction: understanding fiscal decentralization 2 The theory of fiscal decentralization 3 A benchmark model: fiscal decentralization versuscentralization 4 Empirical evidence on fiscal decentralization 5 Conclusions and further implications References

Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

‘This is a timely book on an important topic that offers interesting new insights. It is written by an expert on fiscal decentralization. A must read for everyone interested in fiscal decentralization.’

• ContentsPreface 1 Introduction: understanding fiscal decentralization 2 The theory of fiscal decentralization 3 A benchmark model: fiscal decentralization versuscentralization 4 Empirical evidence on fiscal decentralization 5 Conclusions and further implications References