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portada Hamilton's Paradox Paperback: The Promise and Peril of Fiscal Federalism (Cambridge Studies in Comparative Politics)
Type
Physical Book
Year
2005
Language
English
Pages
336
Format
Paperback
Weight
1.65
ISBN
0521603668
ISBN13
9780521603669

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

Jonathan Rodden (Author) · Cambridge University Press · Paperback

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

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Origin: Spain (Import costs included in the price)
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Synopsis "Hamilton's Paradox Paperback: 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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