This paper analyzes how subnational governments allocate own resources between current spending and infrastructure investment and decide on borrowing under the expectation of federal bailouts. It is assumed that states' borrowing possibilities increase with the expectation of such bailouts...

This case examines the issues surrounding the expansion of utility services for a Florida city. Students are required to examine alternative financing options available and the economic impact and hardship that citizens from different regions of the city will potentially bear under alternative...

The 73rd and 74th Constitutional Amendment Act (CAA) of 1992 imparts on local government a constitutional status by introducing new institutions into the deepening of Indian democracy. Several significant innovations in existing functions were introduced through decentralization in order to...

The article focuses on the disaster resiliency of San Francisco, California, to withstand a major earthquake. Topics include the failure susceptibility of soft-story buildings in San Francisco, the public safety risk to residents due to poor disaster planning, and what needs to be done to...

Examining the cases of Canada, Germany, and Spain, the role played by fiscal equalization schemes in determining subnational borrowing was analyzed, and the link between regional governments' primary fiscal balances and gross domestic product per capita was tested econometrically. The study...

Inefficiencies from tax competition may result in governments seeking to limit fiscal competition via tax treaties, harmonization, minimum tax rates, or interjurisdictional cooperation. I propose a general model applicable to studying many types of taxing instruments, which allows for the...

Der Wissenschaftliche Beirat beim Bundesfinanzministerium betont in seinem aktuellen Gutachten über die „Finanzpolitischen Herausforderungen des demografischen Wandels im föderativen System“ die räumlich diskrepante Bevölkerungsentwicklung und deren Herausforderung für die öffentlichen...

Examining the cases of Canada, Germany, and Spain, the role played by fiscal equalization schemes in determining subnational borrowing was analyzed, and the link between regional governments’ primary fiscal balances and gross domestic product per capita was tested econometrically. The study...

Brings out various features of infrastructural development in Gujarat, and provides an explanation in terms of endowments and political economy for the enhanced performance of Gujarat in some of the physical infrastructure segments like electricity, roads, ports. Suggest suitable policy and...

Public-Private Partnerships (PPP) is a ubiquitous reality. In Africa, the wave of PPP has hit states in their infancy – still moulding following only 50 years since independence. The common perspective of PPP on the realms of scholarship is transactional (focused on the delivery-end of...