 How much Europe? Subsidiarity, centralization and fiscal competitionMunich Reprints in Economics from University of Munich, Department of Economics Abstract: To date, the political discussion of Europe’s future suffers from a surprising lack of foundation in terms of economic theory: the straightforward theory of fiscal federalism, which has been well developed in a vast body of literature, has been largely neglected. This paper tries to help fill the gap. It tries to see Europe’s development through the glasses of economic theory and to help draw the borderline between activities that should be shifted to the Community level and those that can be left within the nation states. The paper will first criticize current developments in Europe and clarify which of these should be categorized as policy failures. It will then sketch the obvious reasons for centralization. Thirdly, and most importantly, it will discuss the implications for centralization that result from the four basic liberties on which Europe has irrevocably agreed. -from Author Date: 1994 Published in Scottish Journal of Political Economy 1 41(1994): pp. 85-107 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenar:19838 Access Statistics for this paper More papers in Munich Reprints in Economics from University of Munich, Department of Economics Ludwigstr. 28, 80539 Munich, Germany. Contact information at EDIRC. |
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