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Over the years, we can observe a dynamic development of fiscal federalismFiscal federalism theories. The original theories were concerned with the optimal distribution of revenues and expenditures between localLocal expenditure and central governments. Contemporary theories focus not only on the problem of optimal resource allocationAllocation and provision of public services but also look at the broader social impact, e.g. on minorities, democracy, participationParticipation, and the like.

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Introduction: Impact of Fiscal Transfers on Local Democracy

  • 章节

  • 出版模式：

    开放获取

  • 发表日期：

    2026年

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  • Juraj Nemec,
  • Michal Plaček,
  • Purshottama Sivanarain Reddy

摘要

Over the years, we can observe a dynamic development of fiscal federalismFiscal federalism theories. The original theories were concerned with the optimal distribution of revenues and expenditures between localLocal expenditure and central governments. Contemporary theories focus not only on the problem of optimal resource allocationAllocation and provision of public services but also look at the broader social impact, e.g. on minorities, democracy, participationParticipation, and the like.