Rola decentralizacji w realizacji funkcji finansów publicznych

Abstract

In the literature on the subject of economy there are three functions of public finance described: stabilazing, redistributing and allocating. Effectiveness of realization of the abovementioned functions depends to a large extent on the political system of a given country, especially on the degree to which it is decentralized. In the article the author embarks on an attempt to identify the advantages and disadvantages of decentralization of particular public finance functions and in effect to show which of the functions can be more effectively realized by the central authorities and which of them can be decentralized that is transfered to the local authorities.