Second, the EU lacks a real 'tax and spend' capacity, in other words, there is no fiscal federalism.

The core proposals of the association are free market, small government, subsidiarity, political and fiscal federalism.

To set national standards and seek to restrain local expenditure are not policy prescriptions that easily emerge from fiscal federalism.

While this process usually is called fiscal federalism it may be relevant to unitary, federal and confederal governments.

This may be noted that the concept of fiscal federalism is relevant for all kinds of government: unitary, federal and confederal.

The concepts of fiscal federalism are related to vertical and horizontal fiscal relations.

Such fiscal federalism encourages people to pay their taxes, and, he says, should be introduced across the country.

Others attribute the crisis to Argentina's misdesigned fiscal federalism, which caused subnational spending to increase rapidly.

They were strong in Northern Italy and strong supporters of political and fiscal federalism.

Mr President, we now see what is meant by European economic governance, by fiscal federalism.