Pooling Sovereignty and Subsidiarity Principle

@inproceedings{Giuranno2009PoolingSA,
  title={Pooling Sovereignty and Subsidiarity Principle},
  author={Michele G. Giuranno},
  year={2009}
}
  • Michele G. Giuranno
  • Published 2009
This paper focuses on the choice of centralization of public policy in an economy with two government levels. It argues that centralization by subsidiarity principle stresses a con‡icting interest between di¤erent jurisdictions instead of working it out. The extent of the con‡ict of interest is a¤ected by spillovers and di¤erences in public spending tastes. Spending decisions are made by negotiation in the centralized legislature of local representatives, unless they fail to reach an agreement… CONTINUE READING

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