Del i serien Studies in Fiscal Federalism and State-local Finance series

Future of Federalism

Intergovernmental Financial Relations in an Age of Austerity

Inbunden, Engelska, 2017

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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

Produktinformation

Utgivningsdatum2017-01-27
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieStudies in Fiscal Federalism and State-local Finance series
FörlagEdward Elgar Publishing Ltd
ISBN9781784717773

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Contents:Introduction: The Evolution of Intergovernmental Financial Relations in the 21st CenturyRichard Eccleston, Rob Hortle and Richard KreverPART I1. Fiscal Federalism in the 21st CenturyRichard Eccleston, Richard Krever and Helen SmithPART II2. Beyond the Financial Crisis: The Future of Fiscal Federalism in the United StatesPaul L. Posner and Timothy J. Conlan3. The Financial Crisis and the Future of Federalism in CanadaDouglas M. Brown4. The Future of the Australian Federation: Intergovernmental Financial Relations Amid Growing Fiscal PressuresRichard Eccleston and Richard Krever5. The Gathering Storm: Federalization and Constitutional Change in the United KingdomSimon LeePART III6. German Federalism at the Crossroads: Renegotiating the Allocation of Competencies in a New Financial EnvironmentJan Schnellenbach7. The Future of Swiss Federalism: The Challenge of Fiscal Stabilization Policy in the Absence of CoordinationNils Soguel8. The Financial and Political Crisis of Spanish Federalism: Transformation or Erosion?César Colino and Eloísa Del Pino9. Italian Federalism in the Balance – Suspended Between European Integration and Domestic DevolutionEmanuele Massetti PART IV10. The Financial Crisis and the Challenge of Fiscal Federalism in China: The 2008 Stimulus and the Limits of China’s Intergovernmental SystemChristine Wong11. Indian Federalism Beyond the Financial CrisisRaghbendra Jha12. The Global Crisis and Brazilian Federalism: Effects and PerspectivesJosé Roberto Afonso and Luiz De Mello13. The Impact of the Financial Crisis on Intergovernmental Financial Relationsin South AfricaRamos MabuguPART V14. Intergovernmental Financial Relations in an Age of Austerity: Implications for the Future of FederalismRichard Eccleston, Richard Krever and Peter MellorIndex

'Eccleston and Krever have produced a masterful edited volume on the impact of the world-wide financial crisis on twelve federations or near-federations. The book theoretically informs scholars of democracy, institutions, and, of course, federalism on how fiscal pressures contributed to shaping governance in tough times. The cases are informative and focused. It is a major contribution to our understanding of federalism under duress and could not be more timely.'