Consolidation Policies in Federal States - 9781138642010

Name: Consolidation Policies in Federal States - 9781138642010
Brand: Taylor & Francis

Taylor & Francis

Consolidation Policies in Federal StatesConflicts and Solutions\nAuthor(s): Dietmar Braun, Christian Ruiz-Palmero, Johanna Schnabel\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138642010, 978-1138642010\nSynopsis\nThe Global Financial Crisis has led to a renewed attention for the management of public debt and deficits of advanced and developing industrial states. To successfully deal with such problems of public finances raises particular concerns in federal states where fiscal competencies are split between two levels of government.\n\nThis book offers comparative in-depth knowledge of political struggles related to fiscal consolidation policies in eleven federal states since the 1990s, including the Global Financial Crisis and its aftermath. It identifies conditions that lead to \""robust\"" solutions that can both commit federal actors to prudent fiscal policy-making and avoid conflicts between federal actors that cause fed.