Towards the theory of supranational finance

In view of the importance and high degree of self-sufficiency of the issue of budgeting in inter(supra)national unions, a theory of supranational finance is emerging as a distinct field of study within the theory of public finance. Supranational finance has significant distinctive attributes in comparison to financial provisions at the national or the subnational levels. After examining the overall concept of supranational finance, this article...