Fiscal decentralization and its impact on selected macroeconomic indicators

Fiscal decentralization introduces a complicated and sensitive problems, witch have impact on the function of a civil society. The foundation of fiscal decentralization is coming out of economic, social, political, and juridical conditions with the goal of reaching the increasing affectivity, transparency, and responsibility while granting public goods and services. The substance of fiscal decentralization creates a relative strengthening of fiscal autonomy of lower government levels and an overall improvement of harmonization of tax and expense decisions, which respect the coordination with macroeconomic goals. In advanced, but also developing countries have already many authors come to empiric research and analysing the impact of fiscal decentralization on economic growth, budget equilibrium, macroeconomic stability, development, and the size of public sector. This type of research has never been realized, because of objective causes in conditions of Slovakia so far.