1.

Record Nr.

UNINA9910822720203321

Titolo

The global debt crisis : haunting U.S. and European federalism / / Paul E. Peterson and Daniel J. Nadler, editors

Pubbl/distr/stampa

Washington, D.C. : , : Brookings Institution Press, , [2013]

©2013

ISBN

0-8157-2417-9

Descrizione fisica

1 online resource (253 p.)

Altri autori (Persone)

PetersonPaul E

NadlerDaniel J

Disciplina

336.34

Soggetti

Debts, Public - United States

Debts, Public - Europe

Financial crises - Government policy

Federal government - United States

Federal government - Europe

United States Economic policy

Europe Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front Cover; Title Page; Copyright Information; Table of Contents; Preface; Part I: Federalism and the Pension Crisis in the United States; Federalism's Emerging Fiscal Crisis; Competitive Federalism under Pressure; Can Market Discipline Survive in the U.S. Federation?; Putting a Price on Teacher Pensions; Structural Flaws in the Design of Public Pension Plans; Past and Present High-Risk Investments by States and Localities; Part II: The Federalism Crisis Worldwide; Between Centralization and Federalism in the European Union; German Federalism at the Crossroads; Spanish Federalism in Crisis

Regional Indentity and Fiscal Constraints in Spanish FederalismThe Resilience of Canadian Federalism; Contributors; Index; Back Cover

Sommario/riassunto

Debt crises have placed strains not only on the European Union's nascent federal system but also on the federal system in the United States. Old confrontations over fiscal responsibility are being renewed,



often in a more virulent form, in places as far flung as Detroit, Michigan, and Valencia, Spain, to say nothing of Greece and Cyprus. Increasing the complexity of the issue has been public sector collective bargaining, now a component of most federal systems.The attendant political controversies have become the debate of a generation. PaulPeterson and Daniel Nadler have assembled e