The political economy of financing Scottish government : considering a new constitutional settlement for Scotland / C. Paul Hallwood and Ronald MacDonald

Englisch

Cheltenham : Edward Elgar, 2009

1 Online-Ressource (xiv, 146 p) : ill

Includes bibliographical references and index

Erscheint auch als: Druck-Ausgabe- The political economy of financing Scottish government. - Cheltenham [u.a.] : Elgar, 2009. - XIV, 146 S.

978-1-84844-918-3 : e-book

Weitere Ausgaben: 9781848440425 (hardback) (andere physische Form), 1848440421 (hbk.) (andere physische Form)

DOI: 10.4337/9781848449183

*Schottland / Finanzwirtschaft / Fiskalföderalismus

*Scotland -- Economic policy ; Great Britain -- Economic conditions ; Decentralization in government -- Economic aspects -- Scotland ; Finance, Public -- Scotland ; Scotland -- Economic conditions ; Great Britain -- Economic policy

*Electronic books

Öffentliche Finanzen / Finanzbeziehungen / Schottland

Klassifikation der Library of Congress: HJ1039.6

Dewey Dezimal-Klassifikation: 336.411;

Regensburger Verbund-Klassifikation: QL 010: Q Wirtschaftswissenschaften / QL Finanzwissenschaft. Betriebswirtschaftliche Steuerlehre / Haushaltsaufstellung, -verwaltung und -kontrolle

Can the UK survive widespread dissatisfaction in both Scotland and England with the financing of public spending by Scotland's parliament? This timely book explains how fiscal autonomy could raise economic growth and efficiency in Scotland- to the benefit of both Scotland and the rest of the United Kingdom. The authors discuss how other reform proposals - which amount to cutting Scotland's block grant - would fail as they would not be seen in Scotland as legitimate. They conclude that fiscal autonomy would be accepted as it reduces Scotland's democratic deficit in public spending, and would go a long way toward reducing vertical and horizontal imbalances in the UK

1. Introduction -- 2. Searching for a politically and economically rational public funding model for Scotland -- 3. The economic case for fiscal devolution -- 4. Objectives of an effective fiscal federal system -- 5. Fiscal federalism : a Scottish perspective -- 6. The case for Scottish fiscal autonomy -- 7. A restatement of the case for Scottish fiscal autonomy -- 8. Fiscal devolution in some other countries -- 9. Empirical evidence : tax devolution and prosperity -- 10. A separate currency for Scotland? -- 11. Conclusion