Fiscal Federalism in the European Union

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To what extent should local and regional governments in the European Union be allowed to determine their own fiscal policies?
This book explores the core issues of fiscal federalism in the European context. It combines theoretical and empirical analysis in addressing such questions as:
* what sort of fiscal federalism is appropriate in the European Community
* what are the dangers of more centralization
* what are the costs of greater decentralization

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Editorial Reviews

Combining theoretical and empirical analysis, economists from several European counties explore core issues relating to the question of the extent to which local and regional governments in the Union should be allowed to determine their own fiscal policies, whether such activities as resource allocation, income distribution, and stabilization policies should be carried out by central government or at a local level. They discuss what sort of fiscal federalism is appropriate in the European Community, the dangers of more centralization, and the costs of greater decentralization. Most of the 11 papers were presented at a May 1997 conference in Imperia, Italy. Annotation c. Book News, Inc., Portland, OR
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Product Details

Table of Contents

List of figures
List of tables
List of contributors
Introduction 1
Pt. I Europe and fiscal federalism 13
1 A comparative view of local finances in EU member countries: are there any lessons to be drawn? 15
2 Developing fiscal federalism in Eastern Europe 63
3 Stabilisation policy in the European Monetary Union and fiscal federalism 80
Pt. II The state of fiscal federalism in Europe 101
4 Fiscal federalism in Austria: facts and new developments 103
5 Local government in Denmark 122
6 Local taxation and intergovernmental fiscal relations in France 131
7 Experiences with German fiscal federalism: how to preserve the decentral content? 162
8 Local governments in Great Britain 177
9 Towards fiscal federalism in Italy 201
10 Fiscal federalism in Spain. Decentralisation: an unfinished task 222
11 Fiscal federalism in Switzerland: a survey of constitutional issues, budget responsibility and equalisation 255
Index 295
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