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Hamilton's Paradox: The Promise and Peril of Fiscal Federalism
Contributor(s): Rodden, Jonathan A. (Author)

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ISBN: 0521603668     ISBN-13: 9780521603669
Publisher: Cambridge University Press
OUR PRICE: $35.14  

Binding Type: Paperback - See All Available Formats & Editions
Published: December 2005
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Annotation: As new federations take shape and old ones are revived around the world, a difficult challenge is to create incentives for fiscal discipline. A key question is whether a politically-motivated central government can credibly commit not to bail out subnational governments in times of crisis if it funds most of their expenditures. By combining theory, quantitative analysis, and historical and contemporary case studies, this book provides a new perspective on why different countries have had dramatically different experiences with subnational fiscal discipline.

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Additional Information
BISAC Categories:
- Political Science | Comparative Politics
- Political Science | Public Affairs & Administration
- Business & Economics | Public Finance
Dewey: 336.185
LCCN: 2005008112
Series: Cambridge Studies in Comparative Politics (Paperback)
Physical Information: 0.8" H x 5.92" W x 8.98" L (0.98 lbs) 336 pages
Features: Bibliography, Illustrated, Index, Table of Contents
 
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Contributor Bio(s): Rodden, Jonathan a.: - Jonathan Rodden is the Ford Career Development Associate Professor of Political Science at MIT, and was recently a visiting scholar at the Center for Basic Research in the Social Sciences at Harvard University. He received his Ph.D. in political science from Yale University, his B.A. from the University of Michigan, and was a Fulbright Fellow at the University of Leipzig. In collaboration with the World Bank, he recently co-edited a book entitled Fiscal Decentralization and the Challenge of Hard Budget Constraints (MIT Press 2003). His articles have appeared in journals including The American Journal of Political Science, The British Journal of Political Science, Comparative Politics, International Organization, The Virginia Law Review, and World Politics.
 
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