Politics, institutions, and fiscal policy : deficits and surpluses in federated states

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Politics, institutions, and fiscal policy : deficits and surpluses in federated states

edited by Louis M. Imbeau and François Pétry

(Studies in public policy)

Lexington Books, c2004

Available at  / 6 libraries

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Includes bibliographical references and index

Description and Table of Contents

Description

Why, in the last decades of the twentieth century, did industralized nations witness recurring vast public deficits, even in times of peaceful international relations and economic growth? The essays in Politics, Institutions, and Fiscal Policy chart answers sought by economists, political scientists, and government officials. This groundbreaking book looks at states within five industrialized federations-Canadian provinces, Swiss cantons, Belgian regions, German lander, and American states-as case studies of variation in budget balances since 1980. The work's conclusion compares deficit levels between the federations studied. Politics, Institutions, and Fiscal Policy sheds new light on the role of such factors as spending and taxation levels and electoral and partisan cycles within the budget balancing process. Neatly written and theoretically grounded, this volume contributes greatly to our understanding of public finance and public administration.

Table of Contents

Chapter 1 The Political-Economy of Public Deficits Chapter 2 Intergovernmental Relationships and Fiscal Policymaking in Federal Countries Chapter 3 Understanding Surpluses and Deficits in the American States, 1961-1997 Chapter 4 The Political-Economy of Budget Deficits in the Canadian Provinces, 1968-2000 Chapter 5 Political and Electoral Cycles, Government Popularity, and Budget Deficits in Canadian Provinces Chapter 6 Towards a Model for Predicting Deficit and Surplus in the Swiss Cantons Chapter 7 Public Deficits in Belgian Regions and Communities: A Tentative Comparison Chapter 8 Public Deficits and Political Budget Cycles: The Case of Western German Lander Chapter 9 Deficits and Surpluses in Federated States: A Pooled Analysis

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