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Is Fiscal Federalism Different in the European Union?: a comparative analysis through the allocation function

dc.contributor.authorVila Maior, Paulo
dc.contributor.refereednopor
dc.date.accessioned2010-05-17T13:16:31Zpor
dc.date.accessioned2011-12-07T14:57:57Z
dc.date.available2010-05-17T13:16:31Zpor
dc.date.available2011-12-07T14:57:57Z
dc.date.issued2009por
dc.description.abstractA political-economic model largely influenced by the monetarist school inspires European Economic and Monetary Union (EMU). Accordingly, neither income redistribution nor resource allocation is the cornerstone of economic policy mix. That role is reserved to the stabilisation function. Among those scholars who discuss whether the EU is comparable to existing cases of “conventional fiscal federalism”, the analysis is frequently concentrated on allocation and redistribution. Despite macroeconomic stabilisation is the key aspect of EMU, the paper undergoes a comparative analysis between the European Union (EU) and five mature federations (United States, Canada, Australia, Germany, and Switzerland) as far as resource allocation is concerned. It first surveys the operation of the allocation function in these countries, concluding that there are remarkable differences when the countries under examination are measured within a centralisation/decentralisation continuum. Resource allocation is subsequently reviewed in the context of EMU to capture convergences and divergences with the federations examined – and to what extent do convergent aspects contribute to put a label on the EU in terms of fiscal federalism. The awareness that the discussion is sometimes plagued with conceptual oversight – the confusion between the desirability and feasibility of fiscal federalism in the European integration context – paves the way to the empirical dimension. The paper concludes with an input from statistical data assessing to what extent inter-state solidarity exists (or is absent) in the EU.por
dc.identifier.citationConference on the Political Economy of International Organizations, 2, Switzerland, 2009.por
dc.identifier.urihttp://hdl.handle.net/10284/1421por
dc.language.isoengpor
dc.subjectEconomic and Monetary Unionpor
dc.subjectFiscal federalismpor
dc.subjectAllocation functionpor
dc.titleIs Fiscal Federalism Different in the European Union?: a comparative analysis through the allocation functionpor
dc.typeconference object
dspace.entity.typePublication
person.familyNameVila Maior
person.givenNamePaulo
person.identifierN-1593-2013
person.identifier.ciencia-idB816-B6FA-5EA7
person.identifier.orcid0000-0002-6547-136X
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublication8d5a2d3b-defc-4bee-b66e-9eaa47e4d573
relation.isAuthorOfPublication.latestForDiscovery8d5a2d3b-defc-4bee-b66e-9eaa47e4d573

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