The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby gives a new answer to the old question about the optimal degree of...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Wellisch, Dietmar (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Cambridge Cambridge University Press 2000
Schlagworte:	Finanzwirtschaft Intergovernmental fiscal relations Finance, Public Decentralization in government Federal government Föderalismus
Online-Zugang:	BSB01 UBG01 Volltext
Zusammenfassung:	The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby 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
Beschreibung:	Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Beschreibung:	1 online resource (x, 214 pages)
ISBN:	9780511613319
DOI:	10.1017/CBO9780511613319