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social science subjects > politics and international relations > governance > economic governance > fiscal federalism
... > social science subjects > business and management > management settings > business management > governance > economic governance > fiscal federalism
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... > social science subjects > politics and international relations > political science > political economy > economic development > international development > economic governance > fiscal federalism
... > social science subjects > politics and international relations > governance > international development > economic governance > fiscal federalism
... > social science subjects > business and management > management settings > business management > governance > international development > economic governance > fiscal federalism
social science subjects > politics and international relations > governance > local governance > fiscal federalism
... > social science subjects > business and management > management settings > business management > governance > local governance > fiscal federalism

Preferred term

fiscal federalism  

Definition

  • Fiscal federalism is the division of governmental authority for spending, borrowing, and generating revenues. It is best characterized as a process in which the governance of fiscal policy is spread across multiple layers of governmental authority in order to stabilize the economy, redistribute income, and allocate public resources. [Source: Political Encyclopedia of U.S. States and Regions; Federalism, Fiscal]

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https://concepts.sagepub.com/social-science/concept/fiscal_federalism

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