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Edward Elgar Publishing The Political Economy of Financing Scottish Government: Considering a New Constitutional Settlement for Scotland (Studies in Fiscal Federalism and State-local Finance series)

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£64.66 £63.01 £63.37 £63.73 £64.09 £64.45 £64.81 25 July 2026 10 August 2026 26 August 2026 11 September 2026 27 September 2026
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8 days · current 14 days 43 days 0 11 22 32 43 £63 £64 £65 Days at Price

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Price range: £63 - £65

Price levels: 3 different prices over 65 days

Description

Fiscal autonomy could raise economic growth and efficiency in Scotland, benefiting both Scotland and the rest of the United Kingdom. C. Paul Hallwood and Ronald MacDonald discuss how other reform proposals, which amount to cutting Scotland's block grant, would not be seen as legitimate by Scottish voters, and would be unlikely to reduce the burden on the Westminster budget. The authors demonstrate how public finances can be organized to minimize the price of tranquillity in multi-regional states. Advances proposed in the 'new fiscal federalism' literature are used to explain why fiscal autonomy would be a superior system compared to the present block grant system and fiscal federalism, whereby Scotland would be granted limited tax powers. Their extensive review of recent econometric studies finds that tax devolution in other countries has been largely successful.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 June 2009
Listed Since
14 November 2008

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