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Land commodification has not weakened the power of the state but instead strengthened the fiscal capacity of local governments to contest with changes in central-local fiscal relations made in the 1994 "tax sharing system".
What is our fiscal capacity?
An economic downturn could reduce states' fiscal capacity.
Consolidation, Budget Surpluses, and the Decline of Fiscal Capacity," Politics & Society 43 (1), 119-148, 2015.
In contrast, states' fiscal capacity and economic inequality became more important after 2000.
But a limited sharing of fiscal capacity would still leave Scotland vulnerable to economic reverses.
It argues that, for the euro area, "an appropriate fiscal capacity should be explored".
Some fear he wants to use the "fiscal capacity" to demand cuts in the EU budget.
This is a big number, but the region has the fiscal capacity to backstop both banks and these countries.
What explains variation in fiscal capacity over time and across sub-national units within the same country?
In this dissertation, I argue that incumbent political elites, anticipating the redistributive consequences of democratization, can hollow out fiscal capacity.
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