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9. Fiscal Decentralization and Macroeconomic Management in Turkey

  • 2020
  • OriginalPaper
  • Chapter
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Abstract

There is a broad interest in fiscal decentralization around the world. But there are considerable differences in the way that fiscal decentralization is implemented among various countries. As a result, outcomes of fiscal decentralization also differed among countries. Fiscal decentralization in Turkey poses many challenges especially for the macroeconomic management. Turkish fiscal decentralization is characterized by high local government expenditures with limited local government own revenues which causes local governments to heavily depend on the intergovernmental transfers and borrowings to fulfill their responsibilities. In this context, this chapter reviews the impact of fiscal decentralization on the macroeconomic management in Turkey where the related research is limited.

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Title
Fiscal Decentralization and Macroeconomic Management in Turkey
Author
Asuman Çukur
Copyright Year
2020
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-4226-8_9
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