Economic and Monetary Union with Fiscal Federalism: Between Desirability and Feasibility,Used

Economic and Monetary Union with Fiscal Federalism: Between Desirability and Feasibility,Used

SKU: DADAX383830831X In Stock
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Many economists argued that Economic and Monetary Union (EMU) is flawed for the absence of ?conventional fiscal federalism'. They claim that the politicaleconomic rationale of EMU ruled out national mechanisms of adjustment, exposing fragile member states to economic shocks. This, in turn, reinforces the case for ?conventional fiscal federalism' in the European Union (EU). The book engages on a comparative exercise between the EU and five federations where fiscal federalism is key to their political economic organisation. To that purpose, three analytical dimensions of fiscal policy are tested on the centralisation decentralisation spectrum: resource allocation, redistribution and macroeconomic stabilisation. The uniqueness of the EU is the independent variable in the comparative analysis. It is, at the same time, the major obstacle to the political feasibility of ?conventional fiscal federalism' in the EU context. To this extent, the book should be useful to students of European integration in general, especially to those working on the political economy of EMU, and to students of federalism.

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Shipping & Returns

Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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