Devolution, grants, and fiscal competition
Devolution, grants, and fiscal competition
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DOI:
10.1257/jep.11.4.65
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发表时间:
1997-09-01
影响因子:
8.4
通讯作者:
Musgrave, RA
中科院分区:
文献类型:
--
作者:
Musgrave, RA
Following half a century of fiscal activism and federal leadership, the call now is for downsizing the federal budget and a devolution of fiscal responsibilities to states and localities. The call for "federalism," meant to secure a stronger center in James Madison's time, now seeks to decentralize. This paper outlines the main features of fiscal federalism as I see them, sketching a vision which differs in major respects from that offered by the lead paper in this symposium. First I highlight the role of distribution, which I see as a central function. Then, I focus attention on grants-in-aid and their role in the federal system. Finally I consider competition, cooperation, and coordination between jurisdictions.