Hamilton's Paradox: The Promise and Peril of Fiscal Federalism

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Características del artículo

Estado
En buen estado: Libro que se ha leído pero que está en buen estado. Daños mínimos en la tapa, ...
Topic
Non-US Legal Systems, Public Affairs, Public Finance
Subjects
Politics & Society
ISBN
9780521603669
Categoría

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Product Identifiers

Publisher
Cambridge University Press
ISBN-10
0521603668
ISBN-13
9780521603669
eBay Product ID (ePID)
46017464

Product Key Features

Number of Pages
336 Pages
Language
English
Publication Name
Hamilton's Paradox : the Promise and Peril of Fiscal Federalism
Publication Year
2005
Subject
General, American Government / General
Type
Textbook
Author
Jonathan A. Rodden
Subject Area
Political Science
Series
Cambridge Studies in Comparative Politics Ser.
Format
Perfect

Dimensions

Item Height
0.7 in
Item Weight
15.5 Oz
Item Length
9 in
Item Width
6 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2005-008112
Reviews
"This is a landmark book on fiscal federalism and one that will be influential both in policy circles and in the academy for many years to come." Mark Hallerberg, Emory University, This timely book takes on a crucial topic for scholars and practitioners-especially in newly democratizing societies that are walking the potentially dangerous and complex road towards decentralization. It departs from what was becoming conventional wisdom, and develops a more critical and agnostic approach to federalism and decentralization than its predecessors. Roddenas arguments emerge from comparative politics, game theory, and modern macroeconomics, and his empirical approach combines subtlety and breadth by mixing quantitative and qualitative analyses, ranging from cross-country regressions to rich treatments of complex historical cases.(continued underneath)|9780521603669|, Especially appealing is the fact that his country specialization is thematic and comparative rather than regional. Hamilton's Paradox will become a must-read for economists, political scientists, and other analysis interested in federalism, fiscal policy, and institutional development more generally, and it sets the agenda for future research in the field." Mariano Tommasi, Universidad de San Andrés, Especially appealing is the fact that his country specialization is thematic and comparative rather than regional. Hamilton's Paradox will become a must-read for economists, political scientists, and other analysis interested in federalism, fiscal policy, and institutional development more generally, and it sets the agenda for future research in the field." Mariano Tommasi, Universidad de San Andr_s
Dewey Edition
22
Illustrated
Yes
Dewey Decimal
336.1/85
Table Of Content
1. Introduction and overview; 2. Promise and peril: intellectual history; 3. Sovereignty and commitment; 4. The power of the purse: intergovernmental grants and fiscal discipline; 5. Disease or cure? Political parties and fiscal discipline; 6. An approach to comparative case studies; 7. Fiscal federalism and bailouts in postwar Germany; 8. The crisis of fiscal federalism in Brazil; 9. The challenge of reform in federations; 10. The origins of subnational sovereignty; 11. Conclusions.
Synopsis
As new federations take shape and old ones are revived around the world, a difficult challenge is to create incentives for fiscal discipline. By combining theory, quantitative analysis, and contemporary case studies, this book lays out the first systematic explanation of why decentralized countries have had dramatically different fiscal experiences., 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., 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. By combining theory, quantitative analysis, and historical and contemporary case studies, this book provides a new perspective on why different countries have had dramatically different experiences with subnational fiscal discipline., This book explains why different countries have had dramatically different experiences with subnational fiscal discipline.
LC Classification Number
HJ197.R63 2005

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