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Hamiltons Paradox The Promise And Peril Of Fiscal Federalism Jonathan A Rodden

  • SKU: BELL-1659066
Hamiltons Paradox The Promise And Peril Of Fiscal Federalism Jonathan A Rodden
$ 31.00 $ 45.00 (-31%)

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Hamiltons Paradox The Promise And Peril Of Fiscal Federalism Jonathan A Rodden instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 2.23 MB
Pages: 334
Author: Jonathan A. Rodden
ISBN: 9780511137167, 9780521842693, 0521842697, 0511137168
Language: English
Year: 2005

Product desciption

Hamiltons Paradox The Promise And Peril Of Fiscal Federalism Jonathan A Rodden by Jonathan A. Rodden 9780511137167, 9780521842693, 0521842697, 0511137168 instant download after payment.

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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