Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power
This thematic issue examines two main research questions: What are the features, the determinants, and the implications of fiscal integration in a system of multilevel governance like the EU? And, what can the post-pandemic EU learn from established federations when it comes to fiscal integration? W...
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| Format: | Article |
| Language: | English |
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Cogitatio
2023-10-01
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| Series: | Politics and Governance |
| Subjects: | |
| Online Access: | https://www.cogitatiopress.com/politicsandgovernance/article/view/7653 |
| _version_ | 1827782035885785088 |
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| author | Tomasz P. Woźniakowski Tiziano Zgaga Sergio Fabbrini |
| author_facet | Tomasz P. Woźniakowski Tiziano Zgaga Sergio Fabbrini |
| author_sort | Tomasz P. Woźniakowski |
| collection | DOAJ |
| description | This thematic issue examines two main research questions: What are the features, the determinants, and the implications of fiscal integration in a system of multilevel governance like the EU? And, what can the post-pandemic EU learn from established federations when it comes to fiscal integration? We attempt to conceptualize the patterns of EU fiscal integration. In so doing, we identify eight instruments of fiscal integration in a federal or multilevel polity, equally divided between fiscal capacity and fiscal regulation, depending on the side of the budget and the mode of integration (autonomous or dependent). For instance, as part of the fiscal capacity instrument of integration, we propose to distinguish between revenue and expenditure capacity. Revenue capacity is then further divided into tax capacity, based on EU/federal taxes, and budgetary capacity, based on non-independent sources, for instance, contributions from the member states. Expenditure capacity is divided into autonomous spending capacity, meaning direct spending by the EU, and a dependent transfer capacity, where the EU merely distributes resources (both grants and loans) to the member states. |
| first_indexed | 2024-03-11T15:27:54Z |
| format | Article |
| id | doaj.art-397454216e4648adab402d3fe29a181f |
| institution | Directory Open Access Journal |
| issn | 2183-2463 |
| language | English |
| last_indexed | 2024-03-11T15:27:54Z |
| publishDate | 2023-10-01 |
| publisher | Cogitatio |
| record_format | Article |
| series | Politics and Governance |
| spelling | doaj.art-397454216e4648adab402d3fe29a181f2023-10-27T09:46:55ZengCogitatioPolitics and Governance2183-24632023-10-011141510.17645/pag.v11i4.76533270Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing PowerTomasz P. Woźniakowski0Tiziano Zgaga1Sergio Fabbrini2Department of Political Science, LUISS University, Italy / Faculty of Social Sciences, University of Wrocław, PolandDepartment of Politics and Public Administration, University of Konstanz, GermanyDepartment of Political Science, LUISS University, ItalyThis thematic issue examines two main research questions: What are the features, the determinants, and the implications of fiscal integration in a system of multilevel governance like the EU? And, what can the post-pandemic EU learn from established federations when it comes to fiscal integration? We attempt to conceptualize the patterns of EU fiscal integration. In so doing, we identify eight instruments of fiscal integration in a federal or multilevel polity, equally divided between fiscal capacity and fiscal regulation, depending on the side of the budget and the mode of integration (autonomous or dependent). For instance, as part of the fiscal capacity instrument of integration, we propose to distinguish between revenue and expenditure capacity. Revenue capacity is then further divided into tax capacity, based on EU/federal taxes, and budgetary capacity, based on non-independent sources, for instance, contributions from the member states. Expenditure capacity is divided into autonomous spending capacity, meaning direct spending by the EU, and a dependent transfer capacity, where the EU merely distributes resources (both grants and loans) to the member states.https://www.cogitatiopress.com/politicsandgovernance/article/view/7653economic governanceeu budgeteu taxesfiscal capacityfiscal integrationfiscal solidarityfiscal unionfiscalization processnext generation euown resources |
| spellingShingle | Tomasz P. Woźniakowski Tiziano Zgaga Sergio Fabbrini Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power Politics and Governance economic governance eu budget eu taxes fiscal capacity fiscal integration fiscal solidarity fiscal union fiscalization process next generation eu own resources |
| title | Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power |
| title_full | Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power |
| title_fullStr | Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power |
| title_full_unstemmed | Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power |
| title_short | Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power |
| title_sort | comparative fiscal federalism and the post covid eu between debt rules and borrowing power |
| topic | economic governance eu budget eu taxes fiscal capacity fiscal integration fiscal solidarity fiscal union fiscalization process next generation eu own resources |
| url | https://www.cogitatiopress.com/politicsandgovernance/article/view/7653 |
| work_keys_str_mv | AT tomaszpwozniakowski comparativefiscalfederalismandthepostcovideubetweendebtrulesandborrowingpower AT tizianozgaga comparativefiscalfederalismandthepostcovideubetweendebtrulesandborrowingpower AT sergiofabbrini comparativefiscalfederalismandthepostcovideubetweendebtrulesandborrowingpower |