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The distinct characteristic in James Buchanan’s thinking about federalism in contrast to the traditional theory of … fiscal federalism is his view about fiscal competition. In this paper, it is demonstrated that this thinking went through … federalism literature and concerned with equity and efficiency issues. In the Leviathan approach starting from the midseventies …
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The so called Fiscal Compact signed by 25 out of 27 EU member states requires the states to transpose the treaty's rules that limit the annual structural deficit and the general government debt “through provisions of binding force and permanent character, preferably constitutional” (Art. 3,...
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level in Poland. The first reform introduced two electoral rules, which change along an exogenous population threshold …: smaller municipalities use majoritarian elections, larger municipalities use proportional elections. The second reform changed …
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