Hamilton's Paradox

Name: Hamilton's Paradox
Brand: Cambridge University Press
SKU: 9780521603669
Price: 40.37 EUR
Availability: InStock

The Promise and Peril of Fiscal Federalism

Автор: Jonathan A. Rodden

Език:

Корици: С меки корици

Издател: Cambridge University Press

Наличност: Външен склад

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40.37 € 78.95 лв

As new federations take shape and old ones are revived around the world, a difficult challenge is to...

Информация за книгата

Автор

Jonathan A. Rodden

Език

Английски език

Корици

Книга - С меки корици

Издадена

2005

страници

336

EAN

9780521603669

ISBN

0521603668

Enbook ID

02037115

Издател

Cambridge University Press

Теглоt

506

Размери

227 x 153 x 24

Пълно описание

As new federations take shape and old ones are revived around the world, a difficult challenge is to create incentives for fiscal discipline. A key question is whether a politically-motivated central government can credibly commit not to bail out subnational governments in times of crisis if it funds most of their expenditures. The center can commit when subnational governments retain significant tax autonomy, as in the United States. Or if the center dominates taxation, it can tightly regulate borrowing, as in many unitary systems. In a third group of countries including Brazil and Germany, the center can neither commit to a system of market-based discipline nor gain a monopoly over borrowing. By combining theory, quantitative analysis, and historical and contemporary case studies, this book explains why different countries have had dramatically different experiences with subnational fiscal discipline.

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Hamilton's Paradox

The Promise and Peril of Fiscal Federalism

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също