Hamilton's Paradox

Name: Hamilton's Paradox
Brand: Cambridge University Press
SKU: 9780521842693
Price: 1518 CZK
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The Promise and Peril of Fiscal Federalism

Autor: Jonathan A. Rodden

Jazyk:

Vazba: Pevná

Vydavatel: Cambridge University Press

Dostupnost: Skladem u dodavatele

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1 518 Kč

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

Informace o knize

Autor

Jonathan A. Rodden

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2005

Stránek

334

EAN

9780521842693

ISBN

0521842697

Enbook ID

02046535

Vydavatel

Cambridge University Press

Hmotnost

660

Rozměry

152 x 229 x 22

Kompletní popis

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

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také