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https://doi.org/10.17645/pag.v11i4.7230
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Fiscal Rules and Federal Capacity in American Fiscal History: Lessons for Europe?
[Zeitschriftenartikel]
Abstract Recent comparative fiscal federalism work has noted how the US displays a mix of substantial federal capacity and no federal fiscal rules for sub-federal units as opposed to the EU's mix of regulation and lack of capacity. The difference is explained by the lack of federal capacity in the EU case, w... mehr
Recent comparative fiscal federalism work has noted how the US displays a mix of substantial federal capacity and no federal fiscal rules for sub-federal units as opposed to the EU's mix of regulation and lack of capacity. The difference is explained by the lack of federal capacity in the EU case, which presumably creates a need for regulation. However, these studies are cross-sectional. This carries the obvious drawback of abstracting the actual political and historical processes that have given rise to the respective mixes of regulation and capacity in the two polities. In this article, I trace the historical process by which the specific mix of no rules and capacity became entrenched in the US in the second half of the 20th century and ask whether that political-economic history has any lessons for the EU today.... weniger
Thesaurusschlagwörter
politische Entwicklung; Föderalismus; EU; Steuersystem; USA
Klassifikation
Wirtschaftspolitik
Europapolitik
Freie Schlagwörter
comparative federalism; fiscal capacity; fiscal federalism; fiscal rules
Sprache Dokument
Englisch
Publikationsjahr
2023
Seitenangabe
S. 82-91
Zeitschriftentitel
Politics and Governance, 11 (2023) 4
Heftthema
Comparative Fiscal Federalism and the Post-Covid EU: Between Debt Rules and Borrowing Power
ISSN
2183-2463
Status
Veröffentlichungsversion; begutachtet (peer reviewed)