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The European Union: how to assign the functions of government

Author

Listed:
  • M. MARÈ

    (Università degli Studi di Roma "La Sapienza")

  • M. SARCINELLI

    (Banca Nazionale del Lavoro, Rome (Italy))

Abstract

Recent progress towards the construction of the European Union slowed down a little with the exchange rate problems of 1992 and 1993. Central elements in the construction strategy are extending the internal market and building institutions with government functions at the supranational level. A review is undertaken of the economic theory of multi-level government finance, the optimal assignment of fiscal responsibilities to various government tiers, and the general applicability of these theories to the European Union.

Suggested Citation

  • M. Mar㈠& M. Sarcinelli, 1994. "The European Union: how to assign the functions of government," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 47(191), pages 341-377.
  • Handle: RePEc:psl:bnlaqr:1994:41
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10532/10417
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    European Union; institutions; governance;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration

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