The DOI matches its Crossref record; 96 of the 96 references it cites were found in a registry or an index.
Fiscal Governance in Europe
Abstract
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 underlying political system. Delegation functions well when there are few, or no, ideological differences among government parties, whereas contracts are effective when there are many such differences. Empirically, delegation and contract states perform better than fiefdom states if they match the underlying political system. Additional chapters consider why countries have the fiscal institutions that they do, fiscal governance in Central and Eastern Europe, and the role of such institutions in the European Union.
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Metadata
- Authors
- Hallerberg, M., Rainer Strauch, R., & von Hagen, J.
- Venue
- Cambridge University Press eBooks
- Publisher
- Cambridge University Press
- Published
- 2009-03-16
- OpenAlex
- W1507783765
- Cited by
- 405
- References
- 96
- FWCI
- 33.14
- Type
- book
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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