The Future of Federalism - Intergovernmental Financial Relations in an Age of Austerity (Hardcover)

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 twenty-first 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 book highlights how growing budget pressures are contributing to increased centralization 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 highlight 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.

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Series:	Studies in Fiscal Federalism and State-Local Finance Series
Release date:	2017
Editors:	Richard Eccleston • Richard Krever
Dimensions:	241 x 163 x 27mm (L x W x T)
Format:	Hardcover
Pages:	383
ISBN-13:	978-1-78471-777-3
Categories:	Books > Social sciences > Politics & government Books > Business & Economics > Economics Books > Business & Economics > Finance & accounting Books > Social sciences > Politics & government > Political structure & processes Books > Social sciences > Politics & government > Central government Books > Business & Economics > Economics > Financial crises & disasters Books > Business & Economics > Finance & accounting > Finance Books > Social sciences > Politics & government > Political structure & processes > Constitution, government & the state Books > Social sciences > Politics & government > Central government > General Books > Business & Economics > Finance & accounting > Finance > Public finance Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance Books > Money & Finance > Public finance > General Promotions Books > Business & Economics > Promotions
LSN:	1-78471-777-0
Barcode:	9781784717773

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