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Paperback Fiscal Governance in Europe Book
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ISBN: 0521138264

ISBN13: 9780521138260

Fiscal Governance in Europe

(Part of the Cambridge Studies in Comparative Politics Series)

by , , , et al.
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Format: Paperback

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Book Overview

This book presents a theoretical framework to discuss how governments coordinate budgeting decisions. There are two modes of fiscal governance conducive to greater fiscal discipline, a mode of delegation and a mode of contracts. These modes contrast with a fiefdom form of governance, in which the decision-making process is decentralized. An important insight is that the effectiveness of a given form of fiscal governance depends crucially upon the...

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