Fiscal Governance in Europe by Rolf Rainer Strauch, Jurgen von Hagen, Mark Hallerberg (Paperback, 2010)

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Hallerberg, Strauch and von Hagen are largely responsible for this shift. The answer is centralization of budget procedures through either 'delegation' or 'contracts' institutions. Yet, the authors show that the political context of centralized fiscal institutions is crucial.