Search Results - subject:"FISCAL DECENTRALIZATION"

Fiscal Federalism : Powers to Tax, Spending, and Equalization

Tamayo, Adrian - 2018

In support of the growing need to understand federalism in the Philippines, sustainability framework and distribution of powers need be given as much attention along the inception of the political benefits of federalism

Persistent link: https://www.econbiz.de/10012922071

Dynamic Decentralization in Federations : Comparative Conclusions

Dardanelli, Paolo - 2018

This article presents the conclusions of the project Why Centralization and Decentralization in Federations?, which analyzed dynamic decentralization in Australia, Canada, Germany, India, Switzerland, and the United States over their entire life span. It highlights six main conclusions. First,...

Persistent link: https://www.econbiz.de/10012907192

Fiscal Federalism and Dynamic Credence Capital in the U.S

Merrifield, John D. - 2018

In this study we argue that the U.S. should follow the Swiss precedent, restoring a strong fiscal federalist system, with fiscal autonomy for state and local governments. A ‘no-bailout' principle should be restored, such that state as well as local governments are subject to bankruptcy laws....

Persistent link: https://www.econbiz.de/10012908410

Fiscal Federalism and Economic Performance - New Evidence from Switzerland

Burret, Heiko Tobias - 2018

The link between federalism and economic performance is still ambiguous. Aiming at clarification, we improve on a widespread shortcoming by measuring federalism not just by one variable but by various institutions that constitute it. To this end, Switzerland provides for a laboratory as its 26...

Persistent link: https://www.econbiz.de/10012908641

Fiscal Equalization as a Driver of Tax Increases : Empirical Evidence from Germany

Büttner, Thiess - 2018

This paper exploits a recent devolution of tax setting powers in the German federation to study the effects of fiscal equalization on subnational governments’ tax policy. Based on an analysis of the system of fiscal equalization transfers, we argue that the redistribution of revenues provides...

Persistent link: https://www.econbiz.de/10012908652

Fiscal Imbalance? : Assessing the Revenue-Sharing Mechanisms of Bayanihan Federalism

Mendoza, Ronald U. - 2018

The release of the final draft of the Consultative Committee (Con-Com) to Review the 1987 Constitution, officially designated as “Bayanihan Federalism”, has spurred vigorous debate, with much discussion focusing on the fiscal repercussions of moving towards a federal form of government. This...

Persistent link: https://www.econbiz.de/10012909989

Heterogeneity, Vetoes, and Exit Clauses in Federal Systems

Huysmans, Martijn - 2018

The vast majority of federations lack exit clauses. Existing theoretical explanations of this stylized fact focus on issues of credible commitment, signaling, and the risk of strategic exploitation. However, such accounts are unable to explain the adoption by the European Union (EU) of Article...

Persistent link: https://www.econbiz.de/10012910625

Legislative Entrenchment and Federal Fiscal Policy

Doran, Michael - 2018

This article examines the problem of legislative entrenchment through a particular focus on federal fiscal policy. The conventional academic debate about legislative entrenchment centers on hard entrenchment, but hard entrenchment is highly improbable – perhaps simply impossible – under the...

Persistent link: https://www.econbiz.de/10012928268

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa

Hobdari, Niko - 2018

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands … paper seeks to distill the lessons for an effective fiscal decentralization reform, focusing on the macroeconomic aspects … that (1) the major driving forces behind fiscal decentralization in sub-Saharan Africa include efforts to defuse ethnic …

Persistent link: https://www.econbiz.de/10014408935

Two different conflicts in federal systems : an application to Canada

Mintz, Jack M. - 2018

Two different forms of regional conflict occur in a federation: conflict of taste and conflict of claim. These conflicts may support each other but not necessarily - they are independent in concept and have different implications for regional tensions. Conflict of taste arises from differences...

Persistent link: https://www.econbiz.de/10011922065