Decentralized Government and Macroeconomic Control

  • Paul Bernd Spahn
Conference paper


Recently, the Option of channeling national resources through the budgets of lower tiers of government and of exploiting local tax potentials to a greater extent has found increasing attention. This is partly explained by successful development strategies based on regional rather than national initiatives (China); it is also nurtured by the forming of regional economic groupings (Mercosur, APEC) whereby the relationship between sovereign nation-states and centralized competencies has to be clarified.


European Union Monetary Policy Fiscal Policy Revenue Sharing Fiscal Decentralization 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Japan 1998

Authors and Affiliations

  • Paul Bernd Spahn
    • 1
  1. 1.Fachbereich WirtschaftswissenschaftenJohann Wolfgang Goethe-UniversitätFrankfurt am MainGermany

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