Rola decentralizacji w realizacji funkcji finansów publicznych

Abstract

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