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After the EuroShaping Institutions for Governance in the Wake of European Monetary Union$
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Colin Crouch

Print publication date: 2000

Print ISBN-13: 9780198296393

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198296398.001.0001

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Fiscal Federalism and the Reality of the European Union Budget

Fiscal Federalism and the Reality of the European Union Budget

(p.227) 9 Fiscal Federalism and the Reality of the European Union Budget
After the Euro

Gabriele Tondl

Oxford University Press

Loss of financial policy autonomy could create major problems for weaker national economies within European monetary union. Considerable progress could be made in tackling this if member governments were prepared to accept an element of fiscal federalism in order to redistribute resources across EU regions and member states.

Keywords:   autonomy, European monetary union, European Union, financial policy, fiscal federalism, member states, redistribution, regions

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