In this article, we provide empirical evidence on the long-run relationship between fiscal decentralization and private savings in a developing country. We take into consideration the particular impact of fiscal decentralization on private savings and investment as vehicles for fostering growth in Pakistan over a period of almost four decades (1972–2010). Additionally, we use the same dataset to capture the short-run dynamics between these variables. We find a significant and positive correlation between fiscal decentralization and private savings in Pakistan during the period in question. To test this relationship for the long run, we have resorted to co-integrated variables; by contrast, for analysis of the short run, we used a vector error correction model (ECM). Private savings are positively correlated with the fiscal decentralization process from a revenue perspective. Though previous empirical studies have shown mixed results—in the sense that inconclusive outcomes still prevail when linking growth and fiscal federalism—our findings could be of major interest to other developing countries currently undertaking fiscal decentralization. According to our analysis, fiscal decentralization may indeed play a key role in promoting economic growth in developing countries.

Measuring host communities' perceptions and attitudes towards tourism development has been increasingly common since the mid-1970s. The greater the growth of the tourism industry worldwide, the more relevant it has become to assess the impact of tourism activity on the local residents. In this paper we present the results of a study carried out in two EU countries highly dependent on tourism act though at a different stage of development. Our findings are based on qualitative and quantitative data obtained via a questionnaire survey designed in pre-covid 19 times to analyze the perceptions and attitudes of tourism college students from Croatia and Spain, today’s tourism employers and employees, towards tourism development in sun and sea desti-nations. Our aim is to contrast the hypothesis that the nationality of our sample is a significant variable when evaluating the socioeconomic and environmental impact of the development of the tourism industry. Croatia’s workforce, the most highly dependent on the EU travel and tourism industry show to be much more aware of the negative impacts of tourism development than their Spaniards counterparts; showing a tourism workforce more reluctant to further tourism development.