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4 edition of Fiscal equalisation in a federal system found in the catalog.

Fiscal equalisation in a federal system

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Published by Centre for Research on Federal Financial Relations, Australian National University in Canberra .
Written in English

    Subjects:
  • Intergovernmental fiscal relations.,
  • Grants-in-aid.

  • Edition Notes

    Bibliography: p. 139-142.

    StatementR. L. Mathews, editor.
    SeriesResearch monograph - Centre for Research on Federal Financial Relations, Australian National University ; no. 4, Research monograph (Australian National University. Centre for Research on Federal Financial Relations) ;, no. 4.
    ContributionsMathews, Russell L., ed.
    Classifications
    LC ClassificationsHJ192 .F57
    The Physical Object
    Paginationxiii, 142 p. ;
    Number of Pages142
    ID Numbers
    Open LibraryOL5068088M
    ISBN 100708104665
    LC Control Number74076069

    In , the Canadian government reformed its federal-provincial fiscal equalisation system. Equalisation was simplified, the distribution formula overhauled, and total equalisation payments were no longer subject to a cap. The national fiscal capacity standard was redefined, including a new assessment of provincial revenues from natural resources. or in any information storage or retrieval system, without permission in writing from the publishers. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging in Publication Data Fiscal federalism in the European Union/edited by Amedeo Fossati and.

    reviewed. After the modernisation of the fiscal equalisation system in – which did not meet the expectations of the states – the attention turns to the year – where a substantial redrawing of federal rules and procedures could be realised. The need for such a change arises from the present fiscal equalisation system which. Although full equalisation [as pursued in Australia] largely eliminates fiscal disparities between sub-central governments, partial equalisation (as pursued in most OECD countries) allows for greater emphasis to be placed on other criteria such as efficiency, transparency, accountability, simplicity and predictability.

    While the literature on fiscal equalisation has focussed more on state government revenues than their expenditures, the Australian fiscal equalisation system covers both sides of state budgets. Consequently, the theoretical modelling in this paper features an enhanced treatment of government expenditures. OECD's dissemination platform for all published content - books, serials and statistics.


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Fiscal equalisation in a federal system Download PDF EPUB FB2

Additional Physical Format: Online version: Fiscal equalisation in a federal system. Canberra: Centre for Research on Federal Financial Relations, Australian National University, Fiscal Federalism and Equalization Policy in Canada aims to increase public understanding of equalization and fiscal federalism by providing a comparative and multidisciplinary perspective on the history, politics, and economics of equalization policy in Canada.

The authors provide a brief history, an analysis of the politics of equalization as witnessed over the last fifteen years, and a. Fiscal equalisation describes a system or policy that attempts to reduce fiscal disparities among sub-national members of a federation.

This paper takes a look at the fiscal equalization. Federal Financial Equalisation. System in Germany. The federal financial equalisation system in Germany. The Federal Republic of Germany is a federal state comprising the Federation and 16 federal states, the so-called Länder.

In the structure of the German state, the Länder represent an. Introduction and summary. Fiscal equalisation is a transfer of fiscal resources across jurisdictions with the aim of offsetting differences in revenue raising capacity or public service cost.

The fiscal equalisation system in its current form is a highly contentious issue. The federal states of Baden- Württemberg, Bavar ia and Hesse have filed successful lawsuits. Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services.

Many federations use fiscal equalisation to reduce the inequalities in the fiscal capacities of sub-national governments arising from the differences in. Overview. Equalization payments are the most commonly known system for the redistribution of revenue in Germany and are an important tool for the financing of regional development.

Levels of awareness are high due to public disagreements between the states; various states have taken legal actions over the allocation of payments in the Federal Constitutional Court on many occasions including.

Problems of Equalisation in Federal Systems. Bernard Dafflon and François Vaillancourt Problems of Equalisation in Federal Systems 1. Introduction Fiscal equalisation refers to attempts within a federal, or at least a significantly decentralised system of government, to reduce fiscal disparities among subnational jurisdictions by using transfers of monetary resources.

– National fiscal equalization aims to mitigate cantonal differences regarding financial capacity. The efficacy analysis showed that the target of a minimum financial resources level per capita of 85% of the Swiss average was considerably exceeded in all cantons during the period from to This book provides a comprehensive account of the principles and practices of fiscal federalism based on the currently accepted theoretical framework and best practices.

The traditional topics of assignment of responsibilities, intergovernmental fiscal arrangements, fiscal competition, and grants are covered in a unified framework with.

Fiscal federalism, financial relations between units of governments in a federal government federalism is part of broader public finance term was introduced by the German-born American economist Richard Musgrave in Fiscal federalism deals with the division of governmental functions and financial relations among levels of government.

One of the key tasks of this legislative period is to restructure the federal fiscal equalization system by There is a lot of money involved: innearly 14 percent of ultimate tax revenue from the Länder was redistributed. The existing system has developed over time, is highly complex and convoluted.

Thus, there is a high demand for modifications and fundamental adjustments would. Downloadable. Germany's fiscal federalism has undergone a process of perpetual reform.

On the one hand, some tax sources that have existed up to now – the corporate income tax is a good example in this context – will shortly be phased out because of changes in the system.

On the other hand the judgement by the Constitutional Court has required a renewal of Germany's equalisation. Vertical fiscal imbalance—the imbalance between the spending responsibilities of each tier of government and the own-source revenue resources available to that tier—is a feature of Australia's federal system.

The last major attempt the States made to gain access to a large tax base was in the early s, when they sought access to income.

The reform of the fiscal equalisation scheme and of the allocation of tasks between the federal government and the cantons (NFA – Neugestaltung des Finanzausgleichs und der Aufgabenverteilung zwischen Bund und Kantonen) was one of the longest and most difficult constitutional reform processes ever undertaken in 27 articles were either amended or newly incorporated into the.

Third, the federal government was particularly vulnerable at that moment. Liberal Prime Minister Paul Martin was in political trouble, having to manage the so-called “sponsorship scandal” that was threatening the party’s popularity, especially in Quebec.

2 As for equalization policy, during the federal campaign, Martin faced strong political pressures from Newfoundland and Labrador. A country's fiscal system is the complete structure of government revenue and expenditures and the framework within which its agencies collect and disburse those funds.

This system is governed by a nation's economic policy, which comes from decisions made. SYSTEM OF DIVISION OF REVENUE IN ETHIOPIA Alefe Abeje Belay Lecturer, Bahir Dar University, Ethiopia the main question is the taxation power distributed between the tiers of government in a federal system.

It is an It could affect fiscal equalisation from richer to poorer regions. Fiscal equalisation systems The core elements of the fiscal equalisation system include the states' financial equalisation as well as municipal financial equalisation. Apart from that, the fiscal equalising effects of social insurance, regionally differentiated as they are, are also relevant, because they contribute substantially to the.

FISCAL EQUALIZATION AND SCHOOL FINANCE ANDREW RESCHOVSKY* There is a long tradition in the United States of local provision of elementary and secondary public education. In the early years of the nation, “public” edu- cation was financed primarily through voluntary contributions from local resi.Downloadable!

This paper analyses the role played by the fiscal equalisation scheme in determining sub-national public borrowing in decentralised countries. We show theoretically how the regional income redistribution modifies the intertemporal budget constraint of the regions and discuss the conditions under which the federal equalisation arrangements are likely to lead to diverging borrowing.

Introduction: Principles of Fiscal Federalism 5 preferences in public services, political participation, innovation, and accountability.4 It is also better adapted to handle regional conflicts.

Such a system, however, is open to a great deal of duplication and confusion in.