Fiscal Governance in Europe (Cambridge Studies in Comparative Politics) - Image 1

£79.19

Cambridge University Press Fiscal Governance in Europe (Cambridge Studies in Comparative Politics)

Name: Fiscal Governance in Europe (Cambridge Studies in Comparative Politics)
Brand: Cambridge University Press
Price: 82.39 GBP
Availability: InStock

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Description

This book presents a theoretical framework to discuss how governments coordinate budgeting decisions. There are two modes of fiscal governance conducive to greater fiscal discipline, a mode of delegation and a mode of contracts. These modes contrast with a fiefdom form of governance, in which the decision-making process is decentralized. An important insight is that the effectiveness of a given form of fiscal governance depends crucially upon the underlying political system. Delegation functions well when there are few, or no, ideological differences among government parties, whereas contracts are effective when there are many such differences. Empirically, delegation and contract states perform better than fiefdom states if they match the underlying political system. Additional chapters consider why countries have the fiscal institutions that they do, fiscal governance in Central and Eastern Europe, and the role of such institutions in the European Union.

Product Specifications

Brand: Cambridge University Press
Format: Hardcover
ASIN: 0521857465
Category: Books > Subjects > Business, Finance & Law > Accounting > International
Domain: Amazon UK
Release Date: 16 March 2009
Listed Since: 23 June 2008

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Cambridge University Press Fiscal Governance in Europe (Cambridge Studies in Comparative Politics)

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