Fiscal Federalism and Political Decentralization

Fiscal Federalism and Political Decentralization PDF Author: Nuria Bosch
Publisher: Edward Elgar Publishing
ISBN: 1848442718
Category : Political Science
Languages : en
Pages : 279

Book Description
This highly original book analyzes political decentralization and fiscal federalism in Canada and Germany, both traditional federal countries, and in Spain, a unitarian country engaged in the last two decades in a process of decentralization. The three key issues required for a well designed financing system are analyzed in depth herein, namely: tax assignment, equalization grants (i.e. redistribution of money from the wealthy regions or the national government to poorer regions) and the role of regional government in the administration of taxes. Fiscal Federalism and Political Decentralization will be of particular interest to academics and researchers of economics, public economics, public finance and public choice. It will also appeal to politicians and policy makers as well as organizations and agencies related to the economy and fiscal federalism.

Fiscal Federalism and State-local Finance

Fiscal Federalism and State-local Finance PDF Author: Jørn Rattsø
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 448

Book Description
Reprints 23 carefully selected articles intended to provide a balanced view of the Scandinavian model of local financing, including perspectives from four of the five Nordic countries, leaving out Iceland's unique design. They cover style, reform, and performance; demand; political institutions; cost and control; and theory. Among the specific topics are reforming a centralized system of local public finance in Norway, local public expenditure in Sweden as a model in which the median voter is not necessarily decisive, real and perceived effects of changing the grant system from specific to general grants, a hedonic cost approach to cost efficiency in providing child care services, and the behavior of bureaucrats and the choice between single-purpose and multi-purpose authorities. Most of the studies consider Norway, reflecting the much greater research into the subject in that country. No subject index. Annotation copyrighted by Book News, Inc., Portland, OR

Fiscal Federalism

Fiscal Federalism PDF Author: Harvey S. Rosen
Publisher: University of Chicago Press
ISBN: 0226726231
Category : Political Science
Languages : en
Pages : 276

Book Description
We often think of fiscal decisions as being made by a single government, but in the United States the reality is that an astounding number of entities have the power to tax and spend. State, local, and federal governments all play crucial roles in the U.S. fiscal system, and the interrelation has been the source of continuing controversy. This fact is the focus of the seven papers and commentaries presented in this volume, the result of a conference sponsored by the NBER. The contributors use various quantitative tools to study policy issues, obtaining results that will interest policymakers and researchers working in the areas of taxation and public finance. The first three papers study the distribution of power and responsibilities among the various levels of government. John Joseph Wallis and Wallace E. Oates look at the extend and evolution of decentralization in the state and local sector; Robert P. Inman examines the growth of federal grants and the structure of congressional decision making; and Jeffrey S. Zax investigates the effects of the number of government jurisdictions on aggregate local public debt and expenditures. The next three papers look at the deductibility of state and local taxes on federal tax returns. Using an econometric analysis, Douglas Holtz-Eakin and Harvey S. Rosen examine the effects of deductibility on revenue sources and level of expenditures. Lawrence B. Lindsey looks at how deductibility affects the level and type of taxation. George R. Zodrow uses a two-sector general equilibrium model to investigate revenue effects of deductibility. Finally, Charles R. Hulten and Robert M. Schwab analyze the problem of developing an accurate estimate of income for the state and local sector, finding that conventional accounting procedures have underestimated the income generated by a startling $100 billion.

State and Local Finances Under Pressure

State and Local Finances Under Pressure PDF Author: David L. Sjoquist
Publisher: Edward Elgar Publishing
ISBN: 9781781008522
Category : Business & Economics
Languages : en
Pages : 358

Book Description
State and Local Finances under Pressure explores the future of state and local government fiscal systems given the numerous pressures they face from economic, legal, technological, demographic and political forces. It explores how these multiple forces play out in terms of the changes state and local governments should and are likely to make. The contributors argue that state and local governments must make substantial changes and that failure to act is likely to result in adverse effects and increasing pressures for modifications that are more difficult to implement and more politically unpalatable. Without reform, state and local fiscal systems will grow increasingly out of sync with economic reality. The authors suggest that government responses are likely to be evolutionary, but that in 25 years the recorded changes will be substantial. The first chapter provides a historic perspective of state and local fiscal trends. Each of the subsequent chapters describes the nature of one of the pressures state and local governments face including: political and legal forces, globalization of business, demographic and technological changes, deregulation of utilities, and urban sprawl. Policymakers, economists, political scientists, fiscal policy analysts and public administrators will find this comprehensive book of interest.

State and Local Financial Instruments

State and Local Financial Instruments PDF Author: Johnson, Craig L.
Publisher: Edward Elgar Publishing
ISBN: 1800370938
Category : Business & Economics
Languages : en
Pages : 320

Book Description
The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This second edition of State and Local Financial Instruments covers the municipal securities market in the United States from the perspective of its primary capital financing role in a fiscal federalist system, where subnational governments are responsible for financing the nationÕs essential physical infrastructure.

Federal-State-local Finances

Federal-State-local Finances PDF Author: United States. Advisory Commission on Intergrovernmental Relations
Publisher:
ISBN:
Category : Intergovernmental fiscal relations
Languages : en
Pages : 288

Book Description


Studies in Fiscal Federalism and State-local Finance

Studies in Fiscal Federalism and State-local Finance PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


Federal-state-local Finances: Significant Features of Fiscal Federalism

Federal-state-local Finances: Significant Features of Fiscal Federalism PDF Author: United States. Advisory Commission on Intergovernmental Relations
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 348

Book Description


Tools for State and Local Fiscal Management

Tools for State and Local Fiscal Management PDF Author: Hathaway, Alex
Publisher: Edward Elgar Publishing
ISBN: 1800886411
Category : Business & Economics
Languages : en
Pages : 384

Book Description
Governments have always endured economic woes, but the increasing severity of such challenges, from the Great Recession starting in 2008 to the unprecedented impact of the COVID-19 pandemic, highlights the need for better-developed fiscal analysis capacity in governments of all sizes using the most practical—yet robust—techniques available. This volume presents an array of real-world analytical approaches in a variety of service areas at the core of state and local government.

State and Local Financial Instruments

State and Local Financial Instruments PDF Author: Craig L. Johnson
Publisher: Edward Elgar Publishing
ISBN: 1783476176
Category : Business & Economics
Languages : en
Pages : 283

Book Description
The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This book covers the municipal securities market in the United States from the perspective of its primary capital financing role in