Towards the theory of supranational finance

Figures & data

Table 1. Theoretical developments as related to thematic sectors of the theory of supranational finance

#	A thematic sector	Special tools	General tools
1	Distribution of fiscal powers among supranational and national authorities	-	Theory of fiscal federalism (Musgrave, 1969; Oates, 1972; etc.), theories of institutionalism (Haas, 1975; Mitrany, 1976, etc.), principle of functional subsidiarity (Ederveen, Gelauf, & Pelkmans, 2006)
2	Composition and structure of budgetary revenue	Revenue-generating schemes for international union’s budget (Boiar, 2014)	Taxation theory (Pigou, 1928, etc.), theory of fiscal federalism (Musgrave, 1969; Oates, 1972; etc.)
3	Structure of supranational budgetary expenditures	Interdisciplinary approach (Figueira, 2008a, 2008b)	Public-sector economics (Connolly, & Munro, 1999; Stiglitz, 2000, etc.), theory of public expenditure (Samuelson, 1954–1955), public finance theory (Musgrave, 1959, etc.), theory of fiscal federalism (Musgrave, 1969; Oates, 1972; etc.) principle of functional subsidiarity (Ederveen et al., 2006), Tinbergen rule (Tinbergen, 1965)
4	Balance between budgetary revenue and expenditure	Model of optimal contributions to a supranational budget (Boiar, 2015)	Public finance theory (Musgrave, 1959, etc.), principle of maximum social advantage (Dalton, 1923)
5	Redistribution of budgetary resources among member states	National cost/benefit theory (Carruba, 1997; Hix, 1999), theory of economic needs (Mattila, 2004), theory of efficient supranational fiscal redistribution (Simon & Valasek, 2012)	Theory of optimum currency areas (Mundell, 1961)
6	Administrative procedures and mechanisms of supranational financing	-	Theories of public budgeting (Cleveland, 1915; Key, 1940; Lewis, 1952; Willoughby, 1918 etc.)

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