The future of federalism : intergovernmental financial relations in an age of austerity
Author(s)
Bibliographic Information
The future of federalism : intergovernmental financial relations in an age of austerity
(Studies in fiscal federalism and state-local finance)
Edward Elgar, c2017
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
The global financial crisis had a dramatic short-term effect on federal relations and, as the twelve case studies in this illuminating book show, set in place a new set of socio-political factors that are shaping the longer-run process of institutional change in federal systems. The Future of Federalism illustrates how an understanding of these complex dynamics is crucial to the development of policies needed for effective and sustainable federal governance in the 21st century. The book finds that growing fiscal pressures are interacting with domestic political variables to produce country specific federal dynamics.
Arguably the first detailed study of the medium term impact of the financial crisis and its aftermath on federal governance, this volume highlights how growing budget pressures are contributing to increased centralisation in many federations, while in others national governments are devolving power to appease regional grievances and preserve the federal union. Contributions from leading federalism and public finance scholars test recent theoretical explanations of change in federal systems against the experiences of a diverse cross-section of federal jurisdictions. The case studies include both established federations and 'federalizing' jurisdictions, such as the UK and China, and highlights the complex dynamics which shape the evolution of federal governance
Comprehensive and interdisciplinary, this timely book will appeal to students and scholars - from political science, economics and law - studying federalism, governance studies and comparative political economy. It is essential reading for public officials and policy makers interested in intergovernmental relations, public finance and budgeting and tax policy.
Contributors include: J.R. Afonso, D.M. Brown, C. Colino, T.J. Conlan, L. de Mello, E. del Pino, R. Eccleston, R. Hortle, R. Jha, R. Krever, S. Lee, R. Mabugu, E. Massetti, P. Mellor, J. Schnellenbach, N. Soguel, C. Wong
Table of Contents
Contents:
Introduction: The Evolution of Intergovernmental Financial Relations in the 21st Century
Richard Eccleston, Rob Hortle and Richard Krever
PART I
1. Fiscal Federalism in the 21st Century
Richard Eccleston, Richard Krever and Helen Smith
PART II
2. Beyond the Financial Crisis: The Future of Fiscal Federalism in the United States
Paul L. Posner and Timothy J. Conlan
3. The Financial Crisis and the Future of Federalism in Canada
Douglas M. Brown
4. The Future of the Australian Federation: Intergovernmental Financial Relations Amid Growing Fiscal Pressures
Richard Eccleston and Richard Krever
5. The Gathering Storm: Federalization and Constitutional Change in the United Kingdom
Simon Lee
PART III
6. German Federalism at the Crossroads: Renegotiating the Allocation of Competencies in a New Financial Environment
Jan Schnellenbach
7. The Future of Swiss Federalism: The Challenge of Fiscal Stabilization Policy in the Absence of Coordination
Nils Soguel
8. The Financial and Political Crisis of Spanish Federalism: Transformation or Erosion?
Cesar Colino and Eloisa Del Pino
9. Italian Federalism in the Balance - Suspended Between European Integration and Domestic Devolution
Emanuele Massetti
PART IV
10. The Financial Crisis and the Challenge of Fiscal Federalism in China: The 2008 Stimulus and the Limits of China's Intergovernmental System
Christine Wong
11. Indian Federalism Beyond the Financial Crisis
Raghbendra Jha
12. The Global Crisis and Brazilian Federalism: Effects and Perspectives
Jose Roberto Afonso and Luiz De Mello
13. The Impact of the Financial Crisis on Intergovernmental Financial Relationsin South Africa
Ramos Mabugu
PART V
14. Intergovernmental Financial Relations in an Age of Austerity: Implications for the Future of Federalism
Richard Eccleston, Richard Krever and Peter Mellor
Index
by "Nielsen BookData"