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New Perspectives on State Government Fiscal Challenges, Hardcover by Poulson,...
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Item specifics
- Condition
- Book Title
- New Perspectives on State Government Fiscal Challenges
- ISBN
- 9781666932034
- Publication Year
- 2023
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- New Perspectives on State Government Fiscal Challenges
- Item Height
- 0.9in
- Item Length
- 9.3in
- Publisher
- Lexington Books/Fortress Academic
- Item Width
- 6.2in
- Item Weight
- 20 Oz
- Number of Pages
- 396 Pages
About this product
Product Information
In this book, nineteen experts examine topics ranging from constitutional reform and debt fatigue to fiscal rules and zero-based budgeting. Together, these contributions inform a multifaceted, nuanced argument for the need to formalize spending restraint and redefine state debt to include unfunded liabilities.
Product Identifiers
Publisher
Lexington Books/Fortress Academic
ISBN-10
1666932035
ISBN-13
9781666932034
eBay Product ID (ePID)
5060736968
Product Key Features
Publication Name
New Perspectives on State Government Fiscal Challenges
Format
Hardcover
Language
English
Publication Year
2023
Type
Textbook
Number of Pages
396 Pages
Dimensions
Item Length
9.3in
Item Height
0.9in
Item Width
6.2in
Item Weight
20 Oz
Additional Product Features
Lc Classification Number
Hj275.N48 2023
Reviews
The analyses in this volume are applicable to all levels of government, especially for difficult conceptual issues, e.g. recognition of unfunded liabilities, right-sizing budget stabilization funds, regulatory budgeting, asset/liability valuation, and design of the essential budget constraint. -- Marvin Phaup, George Mason University, The analyses in this volume are applicable to all levels of government, especially for difficult conceptual issues, e.g. recognition of unfunded liabilities, right-sizing budget stabilization funds, regulatory budgeting, asset/liability valuation, and design of the essential budget constraint., The 13 essays in this volume focus on constraining state and local fiscal policy. The authors tend to have some connection to George Mason University, the American Legislative Exchange Council, or the Cato Institute. Although the contributions as a whole possess strong doctrinal conformity, this is leavened with historical context and case studies to present a somewhat broader view of state and local public finance. The first part of the collection is devoted to state debt and fiscal stability. State liabilities, including responsibility for infrastructure, pensions, and accumulating debt, are evaluated in the context of defaults during the 19th and 20th centuries. Rainy day funds and debt brakes are suggested to improve stability. The second section, dealing with fiscal institutions, contends with public-private business ventures as well as budgeting and stability issues. Zero-based regulation is recommended, keeping with efforts to attain zero-based budgeting. The final section critiques fiscal federalism, deprecating federal aid to state and local governments for a variety of reasons. A preferable fiscal federalism, one contributor suggests, would be to reverse revenue sharing, reminiscent of 18th-century federal funding under the Articles of Confederation. Recommended. Graduate students., This volume offers a rich menu of food for thought for anyone who works on or studies state budgets and federalism, especially for legislators and those who advise them. It provides a sober assessment of states' fiscal health, a review of institutions that support sound policy, useful comparisons between the states, and recommendations for doing better. The diverse topics shine light into many important factors shaping state fiscal policy., The arrival of New Perspectives on State Government Fiscal Challenges, an anthology edited by Barry Poulson and John Merrifield, couldn't be more timely. Expenditures by state and local governments have exploded since 1980, growing at a 6.2% annual rate, nearly double the annual rate of inflation over that period. The anthology insightfully covers the good, the bad, and the ugly. It offers creative prescriptions for states to avoid allowing their finances to spin out of control. This book is a welcome addition to a neglected subject: state and local public finance.
Table of Content
Part I State Debt and Fiscal Stabilization Chapter 1 State Debt and Liabilities: A Holistic Approach Chapter 2 U.S. State Debt Defaults and Constitutional Reform in Historical Perspective Chapter 3 Pension Liability Stress for State Governments Chapter 4 Preparing State Finances for a Time of Crisis Chapter 5 Debt Fatigue in the States: Red States, Blue States, and Zombie States Part II State Fiscal Institutions Chapter 6 Budget Stabilization Funds Chapter 7 Anti-Aid Provisions in State Constitutions Chapter 8 Competition, Networks, and Public-Private Partnerships: Contributions to State Governance Chapter 9 Extending Zero-Based Budgeting to Zero-Based Regulation Part III Fiscal Federalism Chapter 10 Government Growth, Institutional Erosion, and the Fiscal Squeeze: Nebraska as a Case Study Chapter 11 Fiscal Federalism and State Budgeting Chapter 12 Give People a Vote That Counts, and They Will Vote for Fiscal Responsibility Chapter 13 Florida's Fiscal Conservatism
Topic
Public Finance, Economics / General, Public Policy / Economic Policy
Lccn
2023-013892
Dewey Decimal
336.010973
Intended Audience
Scholarly & Professional
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics, Political Science
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