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portada Hamilton's Paradox Hardback: The Promise and Peril of Fiscal Federalism (Cambridge Studies in Comparative Politics)
Type
Physical Book
Author
Publisher
Year
2005
Language
English
Pages
334
Format
Hardcover
Dimensions
22.9x15.2x2.2 cm
Weight
0.66 kg.
ISBN
0521842697
ISBN13
9780521842693
Categories

Hamilton's Paradox Hardback: The Promise and Peril of Fiscal Federalism (Cambridge Studies in Comparative Politics)

Jonathan A. Rodden (Author) · Cambridge University Press · Hardcover

Hamilton's Paradox Hardback: The Promise and Peril of Fiscal Federalism (Cambridge Studies in Comparative Politics) - Rodden, Jonathan A.

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R 1,412

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Synopsis "Hamilton's Paradox Hardback: The Promise and Peril of Fiscal Federalism (Cambridge Studies in Comparative Politics) "

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.

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