Designing a European Fiscal Union

Author : Carlo Cottarelli,Martine Guerguil

Hardback

Published : Tuesday 18 November 2014

ISBN : 9781138783225

Price : €105.29

Description

This book tries to answer three sets of questions: What is the role of centralized fiscal policies in federations, and hence the size, features and functions of the central budget? What institutional arrangements are used to coordinate fiscal policy between the federal and subnational levels? What are the links between federal and subnational debt, and how have subnational financing crises been handled, when they occurred? These policy questions are critical in many federations, and central to the current discussions about future paths for the European Union.

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