Theory of Public Finance in a Federal State
Publisher: Cambridge University Press
Published: January 13, 2000
Language: eng
Format: Hardcover
Number of pages: 224
ISBN-13: 9780521630351
Subjects: Economic theory & philosophy; Public Finance; Relationships Between Federal And State Governments; General; Public Finance (General); Business & Economics; Business / Economics / Finance; Business/Economics; Intergovernmental fiscal relat; Business & Economics / Economic History; Decentralization in government; Federal government; Finance, Public; Intergovernmental fiscal relations
First sentence: Issues of public finance appear in a new light when and economy is divided into several regions.
Description: "The last few decades have seen a substantial increase in the mobility of capital and population between the individual jurisdictions of long-established federal states (such as Canada, Germany, and the United States) and among the formerly independent member countries of the European Union. This book examines the consequences of this development for government policy. Its central question 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 distribution of income."--Jacket.