Content №4 от 2001

Economic grounds for fiscal federalism

The author reviews theoretical approaches to prediction of possible economic consequences from devolution of fiscal policy and formation of federal relations. Theoretical models built on the theory of public choice are suggested in order to explain merits of fiscal federalism, existence of its varieties with limitations peculiar to them as well as to justify the objectives of regional policy.

Klistorin V. I. klistorin@mail.ru

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