Fiscal integration in EU and US

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Fiscal integration in EU and US by Dmitry Gershenson, Resident Representative and Country Director for Rwanda, International Monetary Fund (IMF), presented on June 6, 2012 during a public lecture at the School of Finance and Banking (SFB)

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Fiscal integration in EU and US

  1. 1. Fiscal integration is incomplete Gross Transfers (Percent of state/member country GDP) From US Federal Budget From EU Budget 35 35 28 28 21 21 14 14 7 7 0 0 MLT IRL LUX ITA PRT SVN GRC FIN BEL AUT DEU EST SVK CYP NLD ESP FRA NM MD MT NC NY CA SC DE UT TN AZ PA VA WI TX FL ILWednesday, February 1, 2012

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