Book Received
INDEX
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
  • Section A) The theory and practise of the federal states and multi-level systems of government
    Subsection 7.Economic and fiscal federalism
    Fasten Erik R.
    Financial Markets and Public Finance: Sovereign Risks, Credit Markets and Fiscal Federalism
    Ed. Nomos Verlag , Baden Baden , 2012
    Page 320

    ISBN 9783832965792
    The considerable sovereign indebtedness of developed economies and the accumulated risks in the financial sector trigger increasing financial and economic instability worldwide. The book examines the core interactions between financial markets and public finance: How do markets value fiscal sustainability and contingent liabilities of governments? Which institutions might contain public indebtedness? Which institutions contribute to the sound functioning of financial markets and how do they work? Which channels of transmission of fiscal policy on economic activity are relevant? How to contain sovereign debt crises?
    Description
    Series: Neue Studien zur Politischen Ökonomie, Band 10.
    ©2001 - 2020 - Centro Studi sul Federalismo - P. IVA 94067130016