Fiscal Federalism in Theory and Practice

The growing interest in intergovernmental fiscal relations has been in line with a growing world-wide trend towards fiscal decentralization. This book presents a series of essays on the principal theoretical and institutional aspects of intergovernmental fiscal relations.

In ultimele decenii, la nivel mondial a aparut o tendinta clara catre devolutia cheltuielilor si, intr-o masura mai mica, responsabilitati de crestere a veniturilor la nivelurile guvernamentale de stat si locale. Un punct de vedere este ca descentralizarea responsabilitatilor de cheltuieli poate atrage castiguri substantiale in ceea ce priveste echitatea distribuita si gestionarea macroeconomica.