The pace of economic integration amongst European Union (EU) member states has accelerated considerably during the past decade, highlighted by the process of Ec

This paper examines European economic integration in light of standard thinking about fiscal federalism. We first describe the main features of European integra

Estudio sobre la utilidad de las politicas fiscales como instrumento de estabilizacion que favorezca el desarrollo de la Union Economica y Monetaria, y el nivel

The global financial crisis and sovereign debt crisis exposed the inadequacy of European economic governance. Despite the multitude of new mechanisms and instit

Decentralism of political power to regions and local government occurs worldwide in response to demands from the periphery. Such devolution of power raises a nu