Centralization and Decentralization in Economic Policy

E203124

"Centralization and Decentralization in Economic Policy" is a seminal work by economist Jan Tinbergen that analyzes how economic decision-making powers should be optimally distributed between central and local authorities to achieve effective and efficient policy outcomes.

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Predicate Object
instanceOf academic work
economic policy book
economic theory text
aimsTo identify optimal distribution of policy competences
improve effectiveness of economic policy-making
improve efficiency of resource allocation in government
analyzes conditions under which centralization is preferable
conditions under which decentralization is preferable
economies of scale in centralized policy-making
information advantages of local authorities
trade-offs between uniformity and local adaptation
appliesTheory Tinbergen rule for policy instruments and targets
associatedWith multi-level government
optimal policy assignment
public sector organization
author Jan Tinbergen
considers information asymmetries between levels of government
local preference heterogeneity
need for policy uniformity across regions
spillover effects of local policies
contributesTo debate on central versus local control
theory of economic policy design
theory of fiscal federalism
evaluates administrative costs of different governance structures
impact of centralization on policy coordination
impact of decentralization on responsiveness to local needs
field economic policy
economics
fiscal federalism
public economics
focusesOn assignment of policy instruments to government levels
coordination between central and local governments
design of multi-level governance structures
distribution of decision-making powers
hasInfluenced design of intergovernmental fiscal relations
policy debates on decentralization reforms
research on multi-level economic governance
language English
mainTopic centralization of economic decision-making
decentralization of economic decision-making
division of powers between central and local authorities
effectiveness of economic policy
efficiency of economic policy
optimal allocation of policy responsibilities
perspective normative economic analysis of government structure
welfare economics approach to policy allocation

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Jan Tinbergen notableWork Centralization and Decentralization in Economic Policy