Multi-level finance and the euro crisis : causes and effects
著者
書誌事項
Multi-level finance and the euro crisis : causes and effects
(Studies in fiscal federalism and state-local finance)
Edward Elgar, c2016
- : hardback
大学図書館所蔵 全13件
  青森
  岩手
  宮城
  秋田
  山形
  福島
  茨城
  栃木
  群馬
  埼玉
  千葉
  東京
  神奈川
  新潟
  富山
  石川
  福井
  山梨
  長野
  岐阜
  静岡
  愛知
  三重
  滋賀
  京都
  大阪
  兵庫
  奈良
  和歌山
  鳥取
  島根
  岡山
  広島
  山口
  徳島
  香川
  愛媛
  高知
  福岡
  佐賀
  長崎
  熊本
  大分
  宮崎
  鹿児島
  沖縄
  韓国
  中国
  タイ
  イギリス
  ドイツ
  スイス
  フランス
  ベルギー
  オランダ
  スウェーデン
  ノルウェー
  アメリカ
注記
Includes bibliographical references and index
内容説明・目次
内容説明
Are fiscally decentralized countries inherently more unstable? Or is it a question of the design of decentralization, requiring, for example, higher sub-national revenue autonomy and hard budget constraints? The ongoing euro crisis offers an assortment of relevant country case studies to test some of those important propositions. This volume provides authoritative and insightful assessments of how decentralization and macroeconomic stability relate to each other, and significantly contributes to our understanding of multi-level finance and to improving decentralization design.'
- Jorge Martinez-Vazquez, Georgia State University, USRepresenting a unique contribution to the analysis and discussion of the unfolding Eurozone crisis in terms of the relationship between central and local government, this book addresses a number of important fiscal and political economy questions. To what extent have local and regional governments contributed to the crisis? To what degree have sub-national services and investments borne the brunt of the adjustments? How have multi-level fissures affected tensions between different levels of government from the supranational to the local? This volume covers these and many other critical issues that have been largely ignored despite their relevance.
The book first addresses general issues of fiscal coordination and management across levels of government in the context of incentives, which can be altered by the existence of a supranational tier. The country-specific chapters, prepared by leading experts, provide a thorough review of the key problems of multi-levels of government in the biggest economies in the Eurozone (France and Germany) and Southern Europe (Portugal, Spain, Italy and Greece). In further chapters the juxtaposition of Barcelona and Turin provides an opportunity to evaluate large investments in a multi-level context, associated, in this case, with the Olympics. Macedonia provides a discussion of the related issues in an EU accession country. As a whole, the book explores the long-term impact of the crisis on local service delivery and investment, and the consequences for sustainable growth and political cohesion. It also offers rarely found insights and suggestions to increase the stability and strength of multi-level European institutions.
This is an enlightening resource for all those, from academics and graduates to policy makers and practitioners, seeking a comprehensive understanding of European fiscal, federal and financial issues.
Contributors: E. Ahmad, M.F. Ambrosanio, P. Balduzzi, M. Bordignon, G. Brosio, G. Chortareas, M. Fortuna, P. Garello, S. Lagos-Penas, V.E. Logothetis, G. Milbradt, L.F. Minervini, A. Mourmouras, M. Nikolov, J.S. Pandiello, S. Piperno, P. Rangazas, A. Sole Olle, P.B. Spahn, T. Ter-Minassian, A. Vinella
目次
Contents:
Introduction: How Multilevel Finance has Contributed to the Crisis and is Affected by it?
Ehtisham Ahmad, Massimo Bordignon and Giorgio Brosio
PART I MANAGING SUBNATIONAL LIABILITIES IN EUROPE
1. Promoting Stabilizing and Sustainable Sub-national Fiscal Policies in the Euro Area
Teresa Ter-Minassian
2. Political Economy of Information Generation and Financial Management for Sub-national Governments: Some lessons from International Experience
Ehtisham Ahmad
3. History of the Constitutional Debt Limits in Germany and the New "Debt Brake" - Experiences and Critique:
Georg Milbradt
PART II INCIPIENT PROBLEMS IN THE BIGGEST COUNTRIES IN EUROPE
4. Multi-level Finance and the Euro Crisis: The German Experience
Paul Bernd Spahn
5. French Subnational Public Finances: On the Difficulty of being a Decentralized Unitary State.
Pierre Garello
PART III THE TROUBLED COUNTRIES OF SOUTHERN EUROPE
6. Economics and Politics of Local Greek Government
Giorgios Chortareas and Vassileios E. Logothetis
7. Portugal's Multi-level Finance Adjustments Within the Sovereign Debt and Euro Crises
Mario Fortuna
8. Multi-level Finance and Governance in Spain: The Impact of the Euro Crisis
Santiago Lago-Penas and Alberto Sole Olle
9. Economic Crisis and Fiscal Federalism in Italy
Maria Flavia Ambrosanio, Paolo Balduzzi and Massimo Bordignon
PART IV CITIES, THE OLYMPICS AND GROWTH
10. A Tale of Two Cities: The Olympics in Barcelona and Turin
Giorgio Brosio, Stefano Piperno and Javier Suarez Pandiello
PART V ACCESSION STATES
11. The Impact of the Global Crisis on Macedonian Local Governments.
Marjan Nikolov
PART VI SOME GENERAL LESSONS
12. Clientelistic Politics and Multi-level Finance: Some Implications for Regional Inequality and Growth
Alex Mourmouras and Peter Rangazas
13. Incentives Facing Local Governments in the Absence of Credible Enforcement
Leo Fulvio Minervini and Annalisa Vinella
Index
「Nielsen BookData」 より