Challenge to Decentralization: Economic analysis of the new public

Regarding the issue of decentralization under the deteriorating financial situation, this book presents the current state of local public finance, the direction of reform, and the ideal form. In addition, many new concepts and methods will be incorporated and analyzed: the primary balance, DEA, local debt and redistribution policy, financial resource transfer and medical / welfare policy, the current state of operation of local public enterprises and the effects of reform, and the maintenance / renewal of social capital, etc. , NPM, PFI, Logit model, spatial autocorrelation, etc.  A challenging book that is essential when considering decentralization.