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Concept information

Preferred term

fiscal federalism  

Definition(s)

  • 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]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-RXT12M5M-M

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