<html><body><p>Fiscal decentralisation does not lead to higher <a href="https://quotes.tuteehub.com/tag/economic-740" style="font-weight:bold;" target="_blank" title="Click to read more quotes about ECONOMIC">ECONOMIC</a> growth because economic growth is much more driven by factors other than taxes and <a href="https://quotes.tuteehub.com/tag/spending-3433" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SPENDING">SPENDING</a>, e.g. increases in technological <a href="https://quotes.tuteehub.com/tag/progress-225" style="font-weight:bold;" target="_blank" title="Click to read more quotes about PROGRESS">PROGRESS</a> and improved <a href="https://quotes.tuteehub.com/tag/human-85" style="font-weight:bold;" target="_blank" title="Click to read more quotes about HUMAN">HUMAN</a> capital.</p></body></html>

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Fiscal decentralisation does not lead to higher ECONOMIC growth because economic growth is much more driven by factors other than taxes and SPENDING, e.g. increases in technological PROGRESS and improved HUMAN capital.

Author - Lars Feld Subject - Economic Growth

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Fiscal decentralisation does not lead to higher ECONOMIC growth because economic growth is much more driven by factors other than taxes and SPENDING, e.g. increases in technological PROGRESS and improved HUMAN capital.

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Fiscal decentralisation does not lead to higher ECONOMIC growth because economic growth is much more driven by factors other than taxes and SPENDING, e.g. increases in technological PROGRESS and improved HUMAN capital.

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