Theory of Public Finance in a Federal State

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Society, Politics & Philosophy - Government & Politics
Theory of Public Finance in a Federal...

Theory of Public Finance in a Federal State

Name: Theory of Public Finance in a Federal State
ISBN: 9780511015878

Dietmar Wellisch

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This book gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state. It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance. While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along.

კატეგორია:

Society, Politics & Philosophy - Government & Politics

წელი:

2004

გამოცემა:

გამომცემლობა:

Cambridge University Press

ენა:

english

გვერდები:

225

ISBN 10: