Hamilton's paradox : the promise and peril of fiscal federalism
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The work Hamilton's paradox : the promise and peril of fiscal federalism represents a distinct intellectual or artistic creation found in European University Institute Library. This resource is a combination of several types including: Work, Language Material, Books.
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Hamilton's paradox : the promise and peril of fiscal federalism
Resource Information
The work Hamilton's paradox : the promise and peril of fiscal federalism represents a distinct intellectual or artistic creation found in European University Institute Library. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Hamilton's paradox : the promise and peril of fiscal federalism
- Title remainder
- the promise and peril of fiscal federalism
- Statement of responsibility
- Jonathan A. Rodden
- Language
- eng
- Summary
- 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.--
- Assigning source
- Provided by publisher
- Cataloging source
- UkCbUP
- Index
- index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
-
- Cambridge studies in comparative politics
- Cambridge Social Sciences eBooks
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- Hamilton's paradox : the promise and peril of fiscal federalism, Jonathan A. Rodden, (electronic resource)
- Hamilton's paradox : the promise and peril of fiscal federalism, Jonathan A. Rodden, (electronic resource)
- Hamilton's paradox : the promise and peril of fiscal federalism, Jonathan A. Rodden, (electronic resource)
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/resource/wEuXcA3dYbI/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/resource/wEuXcA3dYbI/">Hamilton's paradox : the promise and peril of fiscal federalism</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="https://link.library.eui.eu/">European University Institute Library</a></span></span></span></span></div>