Debt And Federalism
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Debt And Federalism
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Author : Thomas G.W. Telfer
language : en
Publisher: UBC Press
Release Date : 2022-02-01
Debt And Federalism written by Thomas G.W. Telfer and has been published by UBC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-01 with Law categories.
The legal meaning of bankruptcy and insolvency law has often remained elusive, even to practitioners and scholars in the field, despite having been enshrined in Canada’s Constitution since Confederation. Federal jurisdiction in this area must be measured against provincial powers over property and civil rights, among others. Debt and Federalism traces conceptions of the bankruptcy and insolvency power through four cases that form the constitutional foundation of the Canadian bankruptcy system: the 1894 Voluntary Assignments Case, Royal Bank of Canada v Larue in 1928, the 1934 Companies' Creditors Arrangement Act Reference Case, and the 1937 Farmers' Creditors Arrangement Act Reference Case. Together, they produced the bedrock for modern understandings of bankruptcy and insolvency law.
The Global Debt Crisis
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Author : Paul E. Peterson
language : en
Publisher: Brookings Institution Press
Release Date : 2014-01-10
The Global Debt Crisis written by Paul E. Peterson and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-10 with Political Science categories.
Debt crises have placed strains not only on the European Union's nascent federal system but also on the federal system in the United States. Old confrontations over fiscal responsibility are being renewed, often in a more virulent form, in places as far flung as Detroit, Michigan, and Valencia, Spain, to say nothing of Greece and Cyprus. Increasing the complexity of the issue has been public sector collective bargaining, now a component of most federal systems. The attendant political controversies have become the debate of a generation. Paul Peterson and Daniel Nadler have assembled experts from both sides of the Atlantic to break down the structural flaws in federal systems of government that have led to economic and political turmoil. Proposed solutions offer ways to preserve and restore vibrant federal systems that meet the needs of communities struggling for survival in an increasingly unified global economy. Contributors: Andrew G. Biggs (American Enterprise Institute); César Colino (National Distance Education University, Madrid); Eloísa del Pino (Instituto de Políticas y Bienes Públicos, Madrid); Henrik Enderlein (Hertie School of Governance, Berlin); Cory Koedel (University of Missouri); Carlos Xabel Lastra-Anadón (Harvard University); Daniel Nadler (Harvard University); Shawn Ni (University of Missouri); Amy Nugent (Government of Ontario, Canada); James Pearce (Mowat Centre, University of Toronto, Canada); Paul E. Peterson (Harvard University); Michael Podgursky (University of Missouri); Jason Richwine (Washington, D.C.); Jonathan Rodden (Stanford Uni versity); Daniel Shoag (Harvard University); Richard Simeon (University of Toronto, Canada); Camillo von Müller (University of St. Gallen, Switzerland, and Leuphana University, Germany); Daniel Ziblatt (Harvard University)
Vertical Fiscal Imbalances And The Accumulation Of Government Debt
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Author : Inaki Aldasoro
language : en
Publisher: International Monetary Fund
Release Date : 2014-11-20
Vertical Fiscal Imbalances And The Accumulation Of Government Debt written by Inaki Aldasoro and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-20 with Business & Economics categories.
Delegating fiscal decision making power to sub-national governments has been an area of interest for both academics and policymakers given the expectation that it may lead to better and more efficient provision of public goods and services. Decentralization has, however, often occurred on the expenditure and less on the revenue side, creating “vertical fiscal imbalances” where sub-national governments’ expenditures are not financed through their own revenues. The mismatch between own revenues and expenditures may have consequences for public finance performance. This study constructs a large sample of general and subnational level fiscal data beginning in 1980 from the IMF’s Government Finance Statistics Yearbook. Extending the literature to the balance sheet approach, this paper examines the effects of vertical fiscal imbalances on government debt. The results indicate that vertical fiscal imbalances are relevant in explaining government debt accumulation suggesting a degree of caution when promoting fiscal decentralization. This paper also underlines the role of data covering the general government and its subectors for comprehensive analysis of fiscal performance.
Public Debt And The Common Good
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Author : James Odom
language : en
Publisher: Routledge
Release Date : 2018-07-18
Public Debt And The Common Good written by James Odom and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-18 with Political Science categories.
The American national debt stands at $20.49 trillion as of January 2018, or roughly $63,000 for every person in the United States. The national debt has grown six-fold in the past 25 years, and borrowing only has accelerated in recent administrations. What are the factors driving such unrestrained borrowing? Is American fiscal policy different now than in an earlier era? Is there a moral dimension to public debt and, if so, how can that dimension be measured? Public Debt and the Common Good addresses these and other questions by looking to the fiscal policy of the American states. Drawing on classical themes and the longest quantitative review of state debt in the literature, James Odom expertly integrates institutional analysis with dimensions of culture to define the parameters of political freedom in a theoretically coherent way. In doing so, Odom argues that centralization and injustice, or the incapacity for the common good, can help explain state indebtedness. Contributing to ongoing scholarly debates on public debt theory, this book will be of interest to students, scholars, and practitioners who work at the intersection of political philosophy and economics, as well as those who specialize in state public policy, state politics, and federalism more generally.
Debt Wish
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Author : Alberta M. Sbragia
language : en
Publisher: University of Pittsburgh Press
Release Date : 1996-05-15
Debt Wish written by Alberta M. Sbragia and has been published by University of Pittsburgh Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-05-15 with Political Science categories.
Albert Sbragia considers American urban government as an investor whether for building infrastructure or supporting economic development. Over time, such investment has become disconnected from the normal political and administrative processes of local policymaking through the use of special public spending authorities like water and sewer commissions and port, turnpike, and public power authorities.Sbragia explores how this entrepreneurial activity developed and how federal and state policies facilitated or limited it. She also analyzes the implications of cities creating innovative, special-purpose quasi-governments to circumvent and dilute state control over city finances, diluting their own authority in the process.
Fiscal Federalism And Debt Management
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Author : Paul De Grauwe
language : en
Publisher:
Release Date : 1994
Fiscal Federalism And Debt Management written by Paul De Grauwe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Policy Coordination In Fiscal Federalism
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Author : Mr.Serhan Cevik
language : en
Publisher: International Monetary Fund
Release Date : 2011-06-01
Policy Coordination In Fiscal Federalism written by Mr.Serhan Cevik and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-01 with Business & Economics categories.
Using the cyclically adjusted non-hydrocarbon primary balance, this paper investigates the evolution of the fiscal policy stance in the United Arab Emirates at consolidated and sub-national levels in the run-up and after the crisis. The empirical findings show that procyclical fiscal policies prior to the crisis reinforced the financial sector cycle, exacerbated the economic upswing, and thereby contributed to the build-up of macro-financial vulnerabilities. The paper also sets out policy lessons to develop a rule-based fiscal framework that would help strengthen fiscal policy coordination between the various layers of government and ensure long-term fiscal sustainability and a more equitable intergenerational distribution of wealth.
Debts To Pay
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Author : John F. Conway
language : en
Publisher: James Lorimer & Company
Release Date : 2004-04-01
Debts To Pay written by John F. Conway and has been published by James Lorimer & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-04-01 with History categories.
Since the resignation of Lucien Bouchard and Jean Charest's resounding win in the recent provincial election, many in English Canada have come to believe that Quebec separatism has finally been defeated. But polls show that sovereignty is still strongly supported by many Quebeckers, and by young people in particular. This new edition of Debts to Pay, a book dealing with Quebec/Canada relations, offers a fresh perspective on the recent changes in Quebec. Saskatchewan-based sociologist and historian John Conway investigates the early days of Jean Charest's government and looks ahead to the effect that Paul Martin's ascension in Ottawa could have on Canada's constitutional struggles. Conway attempts to understand Quebec's aspirations by understanding its history. Through a discussion of relations between Quebec and Canada in the past and present, he explores the division of power between the two societies and provides insights into the source of Quebec's grievances. Debts to Pay offers insight into the bitter and longstanding rift that still remains a threat to the integrity of the Canadian nation.
Debts To Pay
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Author :
language : en
Publisher:
Release Date : 2004
Debts To Pay written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Canada categories.
Fiscal Federalism
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Author : Wallace E. Oates
language : en
Publisher: Houghton Mifflin Harcourt P
Release Date : 1972
Fiscal Federalism written by Wallace E. Oates and has been published by Houghton Mifflin Harcourt P this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
Monograph analysing concept of a fiscal federalism in which taxation and debt finance in a federal system is dealt with.