A new book by Assoc. Prof. Bilin Neyaptı of the Department of Economics has been released: “Understanding Fiscal Decentralization,” published by Edward Elgar Publishing.
This book provides a comprehensive overview of fiscal decentralization (FD), outlining how it interacts with domestic structures and institutions. It reviews both theoretical and empirical literature relating to macroprudential institutions and macroeconomic outcomes, arguing that the complex relationship between FD and economic development undermines a one-size-fits-all approach for FD design.
It examines issues such as fiscal discipline, income distribution and economic crises in view of shifting macroeconomic paradigms and technological change.
Combining theory with empirical and graphical analysis, this book offers key insights for students, researchers and policymakers who are interested in public economics and fiscal policy.
