INTER-STATE BUDGETARY DIFFUSION IN SUPRANATIONAL UNION

Authors

  • Andrii Boiar East-European National University of Lesya Ukrainka, Lutsk

Keywords:

International union, budget, diffusion, supranational, member state.

Abstract

The article proposes new category that can be employed to describe fiscal interactions among member-states of supra(inter)national union – inter-state budgetary diffusion. We present basic conceptual features and spheres of occurrence of this phenomenon. The reasonability of application of this category when dealing with supranational budgetary systems is discussed as well as some parametrical (index) characteristics are suggested, in particular an integral index of inter-state budgetary diffusion in an international union and a degree of megaregional budgetary diffusion of a union’s member state. Some possible ways of application and interpretation of these indicators with respect to the European Union are proposed. The S-like curve is revealed to be the most likely demonstration of the typical trend for the inter-state budgetary diffusion process.

 

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Published

20.10.2017

How to Cite

Boiar, Andrii. “INTER-STATE BUDGETARY DIFFUSION IN SUPRANATIONAL UNION”. Journal of European Economy, vol. 15, no. 4, Oct. 2017, pp. 434-43, https://jeej.wunu.edu.ua/index.php/enjee/article/view/903.

Issue

Vol. 15 No. 4 (2016): JOURNAL OF EUROPEAN ECONOMY

Section

FINANCIAL AND BANKING SERVICES MARKET

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