Fiscal federalism in the 21st century: comparing the experiences of the U.S. and Spain.
Government Finance Review › Vol. 15 Nbr. 1, February 1999
Linked as:
Summary
Several characteristics fiscal federalism in the US system have been identified and compared with the system in Spain. These characteristics are the use of an open debate, the existence of a complex governmental structures, sharing of taxes and taxation powers, inequality in provision of some services, intergovernmental transfers and welfare to workfare programs.
See the full content of this document
Extract
Fiscal federalism in the 21st century: comparing the experiences of the U.S. and Spain.
Federalism is a system of governance in which the central state or national level shares powers with subnational governments. In the U.S. and Spain, shifts in responsibilities between the different tiers of government are the result of multicausal forces. This article identifies several characteristics of the U.S. system and examines its implications for Spain.
Comparing U.S. and Spain In Spain, the structure of the public sector ha...See the full content of this document
Sponsored links
