Description
Book SynopsisEconomic theorists and finance practitioners alike turn to the seminal work of Wallace E. Oates for a systematic statement of the economic principles of fiscal federalism. In this book, Professor Oates provides an overview of fiscal federalism and analyses specific problems in a selection of his most important articles and papers. This collection includes many pieces which are not readily accessible.
The papers in this volume constitute a basic reference for current discussion of the evolution both of national fiscal systems and of the fiscal structure of the European Community and other supranational organizations. The range of approaches and quality of argument will ensure that the book becomes a central reference point for the continued discussion of this important topic.
Trade Review'Over the past 25 years Wallace Oates has been the principal intellectual leader in the field of fiscal federalism. All his contributions have had a significant impact upon the direction of research not only in the US but also world-wide. Anyone who is interested in teaching or researching topics within the area of fiscal federalism must begin with the works of Wallace Oates. This volume assembles Wallace Oates's principal papers, making them easily accessible. Whether they are read for the first time or for a second or third time they are stimulating and a joy to digest.' -- P.M. Jackson, University of Leicester, UK
Table of ContentsContents: Part I: Fiscal Federalism: An Overview Part II: The Roles of Different Levels of Government Part III: Intergovernmental Grants and Revenue Sharing Part IV: The Provision of Local Public Goods Part V: Capitalization and Local Finance Part VI: Public Choice and Fiscal Federalism
