TY  - GEN
AB  - The make-up of the EU institutions, and their evolution, should explicitly be based on widely accepted federalism principles. This paper applies federalism principles to a few crucial questions, mainly fiscal policy, fiscal discipline and structural reforms, using where possible lessons from existing federations. After introducing the topic, Section 2 briefly reviews the key message from the fiscal federalism literature. The following sections use these principles to examine a number of areas where centralization may be insufficient or excessive in the EU. Section 3 looks at public spending, both in the aggregate and my main functions. Taxes are examined in Section 4. The next section looks at the issue of fiscal discipline, a weak spot of the Eurozone. The allocation of policy competences, a key characteristic of the UE, is the object of Section 6. The last section concludes.
AU  - Wyplosz, Charles
CY  - Luxembourg
DA  - 2015
DA  - 2015
ID  - 294854
L1  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf
L1  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa
L2  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf
L2  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa
L4  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf
L4  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa
LK  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf
LK  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa
N2  - The make-up of the EU institutions, and their evolution, should explicitly be based on widely accepted federalism principles. This paper applies federalism principles to a few crucial questions, mainly fiscal policy, fiscal discipline and structural reforms, using where possible lessons from existing federations. After introducing the topic, Section 2 briefly reviews the key message from the fiscal federalism literature. The following sections use these principles to examine a number of areas where centralization may be insufficient or excessive in the EU. Section 3 looks at public spending, both in the aggregate and my main functions. Taxes are examined in Section 4. The next section looks at the issue of fiscal discipline, a weak spot of the Eurozone. The allocation of policy competences, a key characteristic of the UE, is the object of Section 6. The last section concludes.
PB  - Publications Office of the European Union
PP  - Luxembourg
PY  - 2015
PY  - 2015
T1  - The centralization-decentralization issue
TI  - The centralization-decentralization issue
UR  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf
UR  - https://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa
Y1  - 2015
ER  -