000294854 001__ 294854 000294854 005__ 20250213113240.0 000294854 037__ $$aBOOK 000294854 245__ $$aThe centralization-decentralization issue 000294854 260__ $$aLuxembourg$$bPublications Office of the European Union$$c2015 000294854 269__ $$a2015 000294854 300__ $$a28 p. : ill. 000294854 336__ $$aPapers and Reports 000294854 490__ $$aEuropean Economy Discussion Paper ; 014 000294854 520__ $$aThe 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. 000294854 700__ $$aWyplosz, Charles 000294854 8564_ $$95b26a442-0c49-4b11-b23b-1dbd510277b4$$s556971$$uhttps://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf 000294854 8564_ $$908934a9f-2e3f-4d06-ac28-e48b6c200167$$xpdfa$$s2078910$$uhttps://repository.graduateinstitute.ch/record/294854/files/dp014_en.pdf?subformat=pdfa 000294854 901__ $$uInternational Economics Department$$0319285 000294854 901__ $$uCentre for Finance and Development 000294854 909CO $$ooai:repository.graduateinstitute.ch:294854$$pIHEID:Infonet$$pGLOBAL_SET$$pIHEID:Infonet_CFD$$pIHEID:Infonet_IE_2$$pIHEID:Infonet_CTEI$$pIHEID:Infonet_CCDP$$pIHEID:Explore$$pIHEID:Infonet_IE 000294854 937__ $$aWP-2017-045 000294854 980__ $$aINFONET 000294854 980__ $$aWP