Joseph Stiglitz
On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative
- 06/20/2025
- Policy Brief
IPD AI Insights
Second Generation Fiscal Federalism: Political Aspects of Decentralization and Economic Development
- 07/31/2013
- Network Papers
"Second Generation Fiscal Federalism" is featured in a special issue of World Development that examines how decentralization affects governance, in particular how it might increase political competition, improve public accountability, reduce political instability, and impose incentive-compatible limits on government power, but also threaten fiscal sustainability.
On June 20th, watch the launch live here from 9AM-5PM Rome.
Barry Weingast
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