Il federalismo fiscale: un falso rimedio nel caso italiano

1996 ◽  
Vol 14 (2) ◽  
pp. 175-196
Author(s):  
Domenicantonio Fausto
Keyword(s):  
Fiscal Federalism ◽  
Economic Conditions ◽  
Northern Regions

Abstract From a purely theoretical viewpoint it can be pointed out the lack of strong arguments in favor of decentralization.In Italy, the current pressures toward the so-called «fiscal federalism» are facing the existing considerable discrepancies among the various areas of the country between the ability to spend and financial resources.The attempt to equalise the regional incomes would require huge transfers from four Northern regions only to all the others.Such a perspective looks very irrealistic. According to the Author, decentralization entails a more marked economic discrepancy among areas whose economic conditions present huge gaps.Thus, fiscal federalism appears as an inadequate remedy to the Italian problems.

scholarly journals Fiscal federalism and a separate budget for the euro area

2018 ◽  
Vol 54 (2) ◽  
pp. 85-98 ◽  
Author(s):  
Leokadia Oręziak
Keyword(s):  
Euro Area ◽  
Financial Crises ◽  
Fiscal Federalism ◽  
Economic Conditions ◽  
Economic Governance ◽  
The European Union ◽  
European Monetary ◽  
Financial Transfers ◽  
The Core ◽  
The Subject

Abstract The core objective of this paper is to determine the main political and economic conditions and challenges related to the possible evolution of the integration process in the euro area toward fiscal federalism and fiscal union as a way to increase the capacity of the area to cope with future economic and financial crises. The issue of a separate budget for this area is of particular interest in this article. The idea of such a budget has recently become the subject of lively public debate in the European Union and has been a factor in encouraging the European Commission to propose new solutions at the end of 2017 in the field of economic governance of the euro area, including the establishment of a European Monetary Fund. The analysis carried out in this article leads to the conclusion that under the current conditions, there is little chance of introducing such regulatory and institutional changes that would significantly increase the scale of financial transfers between the euro area member states.

Delegative Federalism? Subnational Abdication and Executive Fiscal Centralisation in Argentina

2020 ◽  
pp. 147892992097852
Author(s):  
Jorge P Gordin
Keyword(s):  
Fiscal Federalism ◽  
Economic Conditions ◽  
Federal Grants ◽  
Increasing Trend ◽  
Federal Governance ◽  
Subnational Governments

What accounts for the varying and increasing levels of centralisation in federal systems? This article contributes to this debate showing that, despite normative and theoretical arguments on the advantages of decentralised fiscal federalism, changing economic conditions and governance hurdles prompt an increasing trend towards executive fiscal centralisation. It seeks to unravel this theoretical riddle by proposing the concept of delegative federalism, defined as a model of federal governance suitable for explaining how economic contexts impel a dynamic of subnational assent to centralisation policies and reforms that oftentimes breach the historic institutional empowerment of subnational authorities. The experience of Argentina, a paradigmatic case of hyper-presidentialist federalism amid institutionally strong provinces, is analysed to show that national executives may increasingly extend their reach not only because of congressional dysfunction but also due to the disproportionate sway of overrepresented, mostly transfer-dependent subnational governments that shun revenue responsibility. Accordingly, and perpetuating centralisation, they delegate tax authority in crises times and abdicate it further when economic windfall affords them with predictable federal grants.

Faktor-Faktor Yang Mempengaruhi Nilai Tukar Dollar Amerika Serikat Terhadap Rupiah Tahun 2000–2013

2017 ◽  
Vol 1 (2) ◽  
pp. 177-191
Author(s):  
Rizki Rahma Kusumadewi ◽  
Wahyu Widayat
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Money Supply ◽  
Time Series Data ◽  
The United States ◽  
Economic Conditions ◽  
Series Data ◽  
Arch Model ◽  
United States Dollar ◽  
The Exchange Rate

Exchange rate is one tool to measure a country’s economic conditions. The growth of a stable currency value indicates that the country has a relatively good economic conditions or stable. This study has the purpose to analyze the factors that affect the exchange rate of the Indonesian Rupiah against the United States Dollar in the period of 2000-2013. The data used in this study is a secondary data which are time series data, made up of exports, imports, inflation, the BI rate, Gross Domestic Product (GDP), and the money supply (M1) in the quarter base, from first quarter on 2000 to fourth quarter on 2013. Regression model time series data used the ARCH-GARCH with ARCH model selection indicates that the variables that significantly influence the exchange rate are exports, inflation, the central bank rate and the money supply (M1). Whereas import and GDP did not give any influence.

Tax competition and the activity of the regional tax policy

2020 ◽  
pp. 5-27
Author(s):  
S. M. Drobyshevsky ◽  
N. S. Kostrykina ◽  
A. V. Korytin
Keyword(s):  
Tax Competition ◽  
Tax Policy ◽  
Fiscal Federalism ◽  
Policy Instruments ◽  
Tax Incentives ◽  
Fiscal Autonomy ◽  
Tax Legislation ◽  
Tax Exemptions ◽  
Open Question ◽  
Regional Budgets

The problem of efficiency of regional tax expenditures is an actual issue of the fiscal policy and fiscal federalism in Russia. A large fiscal autonomy allows federal subjects to realize a more active tax policy to attract new investments. One cannot claim current fiscal powers of the Russian regions to be wide. However, not all the regions use even existing tax policy instruments. Moreover, out of the regions that use them only few provide incentives to stimulate investment decisions. Others use regional tax measures to support businesses that already have strong positions in the region. And it is an open question whether such tax incentives are efficient. On the other hand, an aggressive tax competition for investors can also be wasteful for regional budgets. In this paper, we calculate indicators that characterize the depth and scope of tax exemptions provided at the regional level. The calculations are based on the open tax statistics. Through the analysis of the tax legislation as well as the economic structure of selected regions, we reveal the inducements of their higher activity: federal regional tax policy, tax competition or benefits for budget-forming companies of the region.

Economic Significance of Social Capital

2011 ◽  
pp. 46-65 ◽  
Author(s):  
L. Polishchuk ◽  
R. Menyashev
Keyword(s):  
Social Capital ◽  
Collective Action ◽  
Common Good ◽  
Economic Conditions ◽  
Formal Institutions ◽  
Transmission Channels ◽  
Economic Significance ◽  
Bonding And Bridging ◽  
The Impact

The paper deals with economics of social capital which is defined as the capacity of society for collective action in pursuit of common good. Particular attention is paid to the interaction between social capital and formal institutions, and the impact of social capital on government efficiency. Structure of social capital and the dichotomy between its bonding and bridging forms are analyzed. Social capital measurement, its economic payoff, and transmission channels between social capital and economic outcomes are discussed. In the concluding section of the paper we summarize the results of our analysis of the role of social capital in economic conditions and welfare of Russian cities.

2008 Economy Results: The End of the "Fat" Years

2009 ◽  
pp. 4-25 ◽  
Author(s):  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov
Keyword(s):  
Economic Crisis ◽  
National Economy ◽  
Banking System ◽  
Housing Markets ◽  
Transmission Mechanism ◽  
Economic Conditions ◽  
Basic Change ◽  
Russian Economy ◽  
The World

The article analyzes the current economic conditions in Russia. Succession, distribution and the transmission mechanism of the world financial and economic crisis to the Russian economy are considered in this article as well as the changes in the banking system, share and housing markets. Production, consumption and investment on the boundary of 2008-2009 are described. The conclusion about the basic change of conditions of national economy development is presented.

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