Theory of Public Finance in a Federal State (English, Dietmar Wellisch)
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Book Details
Publisher
Cambridge University Press
Language
English
ISBN-13
9780521630351
ISBN-10
0521630355
Author
Dietmar Wellisch
About the Book
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…
ISBN: 9780521630351
ISBN-13: 9780521630351
ISBN-10: 0521630355
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Product ID: isbn-9780521630351
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