ABSTRACT
Fiscal decentralization has been attracting more general attention than in past years when it had interested mainly specialists, even though several countries – including the United States – had come into existence through the political and economic integration of already existing political entities, such as states or principalities. By fiscal decentralization is intended an increase in taxing and/or spending responsibilities given to subnational jurisdictions. In many cases of fiscal decentralization, additional layers such as states, provinces, and regions, are created.
