With decentralisation, decision makers are closer to the results of their decisions. As such, local government is a feature of all EU states, despite many differences between them. An optimal model of local financing is hard to implement, due to high level of political infection, but main...

This article presents an analysis of economic implications of the major EU enlargement in 2004. The research is based on sigma (σ) and beta (β) convergence of per capita GDP among the 10 countries which joined the European Union in 2004. Our results confirm the existence of both types of...

During the last decade many Central and East European (CEE) countries experienced strong foreign capital inflows. Slovenia was one of them. Sources of inflows in Slovenia changed radically, even though privatisation-driven inflows were absent, in contrast to other CEE countries. Since such...

Financial resources are of essential importance for optimal local government functioning. Without a sufficient level of autonomy and resources, fiscal federalism is nothing more than an external appearance. With only one lower tier of government (municipalities), Slovenia is among the countries...