Symposium on International Budgeting and Fiscal Policy
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It's a small world after all. The articles in this symposium reveal that the issues and problems faced by elected officials and financial managers in the United States are not unique. Just the opposite is true. Other nations are plagued with the inability to control expenditures and raise revenues, budget deficits, seemingly uncontrollable entitlement expenditures, budgetary politics that seem to defy fiscal reality, inability to measure performance and outcomes, distributional inequities resulting from misguided and inappropriate fiscal policies that make it difficult to meet the needs of the poor and the needy, competition and confusion over taxing rights and spending authority between levels of government, devolution of responsibility from national to local governments without the financing to meet the obligations thus created, insufficient devolution of fiscal administrative power from national to local governments, the absence of fiscal policy that fosters, or at least does not hinder, economic growth and political stability, and more. These and other issues are explored in the articles in this symposium.
Public Budgeting & Finance / Winter 1994
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