Multilevel Government Finance
Paul Spahn
Chapter 2 in The Community Budget for an Economic and Monetary Union, 1993, pp 3-32 from Palgrave Macmillan
Abstract:
Abstract ‘Federalism’ has become a fashionable term, not only in Europe but in many parts of the world. Yet eager politicians and the media quickly fraught the word with compassions, anxieties, and prejudice. Nowadays the term ‘federalism’ is even — for some — a shorthand for centre government dominance and a threat to national and regional sovereignty. Such misconceptions are especially popular in the Anglo-Saxon world — possibly with regard to the US federal government having continually extended its grip on American states. Yet, recently, suspicion against centre dominance has become more widespread as Eastern European states have reacted against centralist rule, and Western Europeans have started to discuss the implications of the Maastricht accord.
Keywords: Public Good; Central Government; Fiscal Federalism; Subsidiarity Principle; Fiscal Illusion (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37267-2_2
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DOI: 10.1057/9780230372672_2
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