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Theory Of Public Finance In A Federal State 1st Edition Dietmar Wellisch

  • SKU: BELL-1394036
Theory Of Public Finance In A Federal State 1st Edition Dietmar Wellisch
$ 31.00 $ 45.00 (-31%)

5.0

28 reviews

Theory Of Public Finance In A Federal State 1st Edition Dietmar Wellisch instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 2.5 MB
Pages: 225
Author: Dietmar Wellisch
ISBN: 9780521630351, 9780511015878, 0511015879, 0521630355
Language: English
Year: 2004
Edition: 1

Product desciption

Theory Of Public Finance In A Federal State 1st Edition Dietmar Wellisch by Dietmar Wellisch 9780521630351, 9780511015878, 0511015879, 0521630355 instant download after payment.

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 obtain a distribution of incomes that differs from the outcome that the market brings along.

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