All listings for this product
About this product
- DescriptionThis 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 , 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.
- Author BiographyMark Hallerberg is Professor of Public Management and Political Economy at the Hertie School of Governance. He also maintains an affiliation with the Political Science department at Emory University, Atlanta, Georgia. He has published widely on fiscal governance, tax competition, exchange rate choice and European politics. He has held academic positions previously at Emory University, the University of Pittsburgh and the Georgia Institute of Technology. He has also served as a visiting scholar at the University of Amsterdam, the University of Bonn, the University of Mannheim and the University of Munich (all in economics departments). He has done consulting work for the Dutch Ministry of Finance, Ernst and Young, Poland, the European Central Bank, the International Monetary Fund, the Organisation for Economic Cooperation and Development, and the World Bank. Rolf Rainer Strauch is Adviser in the Directorate General Economics at the European Central Bank, Frankfurt, Germany. He previously worked at the Deutsche Bundesbank. He has been a consultant to the OECD, the European Commission and the Dutch Ministry of Finance. He has also published widely in the area of public economics and European integration. Jurgen von Hagen is Professor of Economics at the University of Bonn, Germany. He previously taught at the University of Mannheim and at Indiana University, where he maintains an affiliation with the Kelley School of Business. Von Hagen is a Research Fellow of CEPR, London, and a member of the Academic Advisory Council of the Federal Minister of Economics and Technology in Germany and served as a member of the French Commite Economique de la Nation. He has been a consultant to the IMF, the World Bank, the Federal Reserve Board, the European Commission, the ECB and numerous governments in Europe and beyond. Von Hagen has published widely in the areas of macroeconomics and public economics.
- Author(s)Jurgen von Hagen,Mark Hallerberg,Rolf Rainer Strauch
- PublisherCambridge University Press
- Date of Publication16/08/2010
- SubjectEconomics: Professional & General
- Series TitleCambridge Studies in Comparative Politics
- Place of PublicationCambridge
- Country of PublicationUnited Kingdom
- ImprintCambridge University Press
- Content Note5 b/w illus. 45 tables
- Weight370 g
- Width152 mm
- Height228 mm
- Spine14 mm
- Format DetailsTrade paperback (US)
Save on Non-Fiction Books
- AU $115.99Trending at AU $139.68
- AU $62.03Trending at AU $73.00
- AU $68.62Trending at AU $90.31
- AU $32.92Trending at AU $34.88
- AU $37.70Trending at AU $38.16
- AU $17.48Trending at AU $19.81
- AU $16.92Trending at AU $22.15
This item doesn't belong on this page.
Thanks, we'll look into this.