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Politics, Institutions, and Fiscal Policy : Deficits and Surpluses in Federated States - Louis M. Imbeau

Politics, Institutions, and Fiscal Policy

Deficits and Surpluses in Federated States

By: Louis M. Imbeau (Editor), Francois Petry (Editor), Pierre Baudewyns (Contribution by), Dietmar Braun (Contribution by), Christian de Visscher (Contribution by)

Hardcover Published: 28th August 2004
ISBN: 9780739107515
Number Of Pages: 239

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Why, in the last decades of the twentieth century, did industralized nations witness recurring vast public deficits, even in times of peaceful international relations and economic growth? The essays in Politics, Institutions, and Fiscal Policy chart answers sought by economists, political scientists, and government officials. This groundbreaking book looks at states within five industrialized federations'¬ ;Canadian provinces, Swiss cantons, Belgian regions, German länder, and American states'¬ ;as case studies of variation in budget balances since 1980. The work'¬"s conclusion compares deficit levels between the federations studied. Politics, Institutions, and Fiscal Policy sheds new light on the role of such factors as spending and taxation levels and electoral and partisan cycles within the budget balancing process. Neatly written and theoretically grounded, this volume contributes greatly to our understanding of public finance and public administration.

Industry Reviews

Yielding great insight into the institutional and political context of intergovernmental fiscal policy-making in federations, this volume is compelling reading for anyone interested in the political economy of fiscal decision-making. -- Pierre Salmon, Universite de Bourgogne
This volume is a major scholarly contribution that will be of interest to all political economists and to anyone concerned with issues of budget policy and public deficits in a world looking for new forms of federalism. -- Gianluigi Galeotti, Universita di Roma, La Sapienza
The empirical studies of the major cases are models of rigour-thorough and careful. In political science, there is never `the final word' on any topic, but this is as close as it gets. -- Robert Young, University of Western Ontario
This is an illuminating and careful study which should appeal to all students of federalism-and indeed of democracy-at work. A must for courses in comparative federalism, comparative politics, political economy, and fiscal studies in general. -- Ian Budge, University of Essex

Acknowledgments and Further Researchp. vii
Forewordp. ix
The Political-Economy of Public Deficitsp. 1
Intergovernmental Relationships and Fiscal Policymaking in Federal Countriesp. 21
Understanding Surpluses and Deficits in the American States, 1961-1997p. 49
The Political-Economy of Budget Deficits in the Canadian Provinces, 1968-2000p. 89
Political and Electoral Cycles, Government Popularity, and Budget Deficits in Canadian Provincesp. 113
Toward a Model for Predicting Deficit and Surplus in the Swiss Cantonsp. 135
Public Deficits in Belgian Regions and Communities: A Tentative Comparisonp. 161
Public Deficits and Political Budget Cycles: The Case of Western German Landerp. 191
Deficits and Surpluses in Federated States: A Pooled Analysisp. 203
Indexp. 225
About the Contributorsp. 237
Table of Contents provided by Rittenhouse. All Rights Reserved.

ISBN: 9780739107515
ISBN-10: 0739107518
Series: Studies in Public Policy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 239
Published: 28th August 2004
Country of Publication: US
Dimensions (cm): 23.01 x 15.9  x 2.39
Weight (kg): 0.49