Fiscal Decentralization and the Challenge of Hard Budget Constraints PDF Download

Author: Jonathan Rodden
Publisher: MIT Press
ISBN: 9780262182294
Category : Business & Economics
Languages : en
Pages : 502

View

Book Description
A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.

Author: Demetra Arsalidou
Publisher: Routledge
ISBN: 1134499191
Category : Law
Languages : en
Pages : 259

View

Book Description
There are many deep-seated reasons for the current financial turmoil but a key factor has undoubtedly been the serious failings within the corporate governance practices of financial institutions. There have been shortcomings in the risk management and incentive structures; the boards’ supervision was at times weak; disclosure and accounting standards were in some cases inadequate; the institutional investors’ engagement with management was at times insufficient and, last but not least, the remuneration policies of many large institutions appeared inappropriate. This book will provide a critical overview and analysis of key corporate governance weaknesses, focusing primarily on three main areas: directors’ failure to understand complex company transactions; the poor remuneration practices of financial institutions; and, finally, the failure of institutional investors to sufficiently engage with management. The book, while largely focused on the UK, will also consider EU and Australian developments as well as offering a comparative angle looking at the corporate governance of financial institutions in the US.

Author: Amitava Kumar
Publisher: U of Minnesota Press
ISBN: 9780816638376
Category : Business & Economics
Languages : en
Pages : 348

View

Book Description
World Bank literature is more than a concept -- it is a provocation, a call to arms. It is intended to prompt questions about each word, to probe globalization, political economy, and the role of literary and cultural studies. As asserted in this major work, it signals a radical rewriting of academic debates, a rigorous analysis of the World Bank and the International Monetary Fund (IMF), and a consideration of literature that deals with new global realities. Made more relevant than ever by momentous antiglobalization demonstrations in Seattle and Genoa, World Bank Literature brings together essays by a distinguished group of economists, cultural and literary critics, social scientists, and public policy analysts to ask how to understand the influence of the World Bank/IMF on global economic power relations and cultural production. The authors attack this question in myriad ways, examining World Bank/IMF documents as literature; their impact on developing nations; the relationship between literature and globalization; the connection between the academy and the global economy; and the emergence of coalitions confronting the new power. World Bank Literature shows, above all, the multifarious and sometimes nefarious ways that abstract academic debates play themselves out concretely in social policy and cultural mores that reinforce traditional power structures.

Author: Jodi Gardner
Publisher: Edward Elgar Publishing
ISBN: 183910435X
Category : Law
Languages : en
Pages : 360

View

Book Description
This book explores the complex interactions between debt and austerity, analysing the social, economic, and legal implications of governments’ responses to the 2008 financial crisis.

Author: Alice Valdesalici
Publisher: BRILL
ISBN: 9004340955
Category : Law
Languages : en
Pages : 409

View

Book Description
Comparing Fiscal Federalism investigates intergovernmental financial relations and the current de jure and de facto allocation of financial and fiscal powers in compound states from a comparative and interdisciplinary perspective. The volume combines theoretical approaches with case studies and involves scholars from various disciplines, in order to provide a comprehensive analysis of different approaches, developments and trends. This includes outlining fiscal federalism’s basic principles and overall frameworks, investigating current constitutional/legislative settings and how financial systems function, as well as zooming in on a selection of emerging issues in financial and fiscal relations. The single chapters are based on comparative investigations under the umbrella of a broad definition of fiscal federalism that includes all varieties of federal systems.

Author: Mr.J. D. Craig
Publisher: International Monetary Fund
ISBN: 155775697X
Category : Business & Economics
Languages : en
Pages : 50

View

Book Description
Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

Author: Martin Daunton
Publisher: Farrar, Straus and Giroux
ISBN: 0374611777
Category : Business & Economics
Languages : en
Pages : 726

View

Book Description
Foreign Affairs Best Books of the Year (2023) An epic history of the people and institutions that have built the global economy since the Great Depression. In this vivid landmark history, the distinguished economic historian Martin Daunton pulls back the curtain on the institutions and individuals who have created and managed the global economy over the last ninety years, revealing how and why one economic order breaks down and another is built. During the Great Depression, trade and currency warfare led to the rise of economic nationalism—a retreat from globalization that culminated in war. From World War II came a new, liberal economic order. Squarely reflecting the interests of the West in the Cold War, liberalism faced collapse in the 1970s and was succeeded by neoliberalism, financialization, and hyper-globalization. Now, as leading nations are tackling the fallout from Covid-19 and threats of inflation, food insecurity, and climate change, Daunton calls for a return to a more just and equitable form of globalization. Western imperial powers have overwhelmingly determined the structures of world economic government, often advancing their own self-interests and leading to ruinous resource extraction, debt, poverty, and political and social instability in the Global South. He argues that while our current economic system is built upon the politics of and between the world’s biggest economies, a future of global recovery—and the reduction of economic inequality—requires the development of multilateral institutions. Dramatic and revelatory, The Economic Government of the World offers a powerful analysis of the origins of our current global crises and a path toward a fairer international order.

Author: M. Starita
Publisher: Springer
ISBN: 1137390840
Category : Business & Economics
Languages : en
Pages : 304

View

Book Description
Capital Requirements, Disclosure, and Supervision in the European Insurance Industry provides an in-depth analysis of Solvency II's issues by combining both a theoretical approach and evidence of the empirical implications and effects on the European insurance industry.

Author: Mark Beeson
Publisher: Routledge
ISBN: 1134599870
Category : Business & Economics
Languages : en
Pages : 392

View

Book Description
The contributors to this book argue vigorously that processes of globalisation are driven by complex political forces and that it is not enough to look at economic factors in isolation.

Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309452961
Category : Medical
Languages : en
Pages : 583

View

Book Description
In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.