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Author: Gorzelak,Grzegorz

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Designing a European fiscal union : lessons from the experience of fiscal federations /

"Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devol...

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Bibliographic Details
Group Author: Cottarelli, Carlo; Guerguil, Martine
Published: Routledge/Taylor & Francis Group,
Publisher Address: London ; New York :
Publication Dates: 2015.
Literature type: Book
Language: English
Series: Routledge studies in the European economy ; 34
Subjects:
Fiscal policy > European Union countries
BUSINESS & ECONOMICS / General
BUSINESS & ECONOMICS / International / Economics
Economic policy
Fiscal policy
Politique fiscale
UE/CE Union européenne
Fédéralisme
UE/CE Intégration
Politique budgétaire
Analyse comparative
UE/CE Etats membres
Föderalismus
Finanzpolitik
European Union countries > Economic policy
Europe > European Union countries
Europäische Union
Summary: "Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in devolving responsibilities from the subnational to the central level, compares them to those of the European Union, and draws lessons for a possible future fiscal union in Europe. More specifically, this book tries to answer three sets of questions: What is the role of centralized fiscal policies in federat
Carrier Form: viii, 261 pages : illustrations ; 24 cm.
Bibliography: Includes bibliographical references and index.
ISBN: 9781138783225 (hardback) :
1138783226 (hardback)
Index Number: HJ1000
CLC: F150.0
F815.00
Call Number: F815.00/D457
Contents: Introduction and overview / Carlo Cottarelli and Martine Guerguil -- Distribution of fiscal responsibilities in federations / Julio Escolano, Dora Benedek, Hui Jin, Carlos Mulas Granados, Masahiro Nozaki, Joana Pereira, Gregoire Rota Graziosi, Laura Sinn, and Jose Torres -- The role of fiscal transfers in smoothing regional shocks / Tigran Poghosyan, Abdelhak Senhadji, and Carlo Cottarelli -- Constraints on subnational fiscal policy / Luc Eyraud and Raquel Gomez Sirera -- Budgeting, accounting, and reporting / Israel Fainboim, Almudena Fernandez, Manal Fouad, Duncan Last, Mario Pessoa, and S

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