"Does the European Union need closer fiscal integration, and in particular a stronger fiscal centre, to become more resilient to economic shocks? This book looks at the experience of 13 federal states to help inform the heated debate on this issue. It analyses in detail their practices in...

1. Distribution of fiscal responsibilities in federations / Julio Escolano. [et al.] -- 2. The role of fiscal transfers in smoothing regional shocks / Tigran Poghosyan, Abdelhak Senhadji, and Carlo Cottarelli -- 3. Constraints on subnational fiscal policy / Luc Eyraud and Raquel Gomez Sirera --...