Introduction: Impact of Fiscal Transfers on Local Democracy
Abstract
Over the years, we can observe a dynamic development of fiscal federalismFiscal federalism theories. The original theories were concerned with the optimal distribution of revenues and expenditures between localLocal expenditure and central governments. Contemporary theories focus not only on the problem of optimal resource allocationAllocation and provision of public services but also look at the broader social impact, e.g. on minorities, democracy, participationParticipation, and the like.
Fields of Study & Subjects
Local Government Finance and Decentralization
Political Systems and Governance
Politics
Economics
and Education Policy
Publication details
- Journal / source
- Governance and public management
- Pages
- 1–12
- Publication date
- 1 January 2026
- Language
- EN
- Document type
- Book chapter