Sentence examples for fiscal competition from inspiring English sources

In steady circumstances it could be an attractive option for state governments to achieve more power and a greater say over their own policy destinies, even though the idea that they'd perform better once in fiscal competition with one another is highly debatable.

These outside pressures moderate the forces of fiscal competition and must be taken into account when assessing the implications of observed revenue and spending patterns.

Admittedly, as some scholars have demonstrated, fiscal competition may hinder the process of public goods in quantity and quality, compared with fiscal centralization (Qian and Roland 1998).

We argue that the greater role of states cannot be easily explained by changes in Tiebout forces of fiscal competition, such as mobility and voting patterns, and are not accounted for by demographic or income trends.

3Hawaii and Alaska are excluded from the analysis because these states, by virtue of their geographic separation from the others, are not subject to the same pressure of fiscal competition as the other states, and because both have fiscal structures that are very different from the other states.

It applies a budgetary strait-jacket, but offers no measures to combat fiscal competition.

They cannot expand much more without running into serious fiscal constraints.Tax competition may become an increasingly divisive international issue.

The cable says: "O'hUiginn recalled drafting a proposal for economic recovery during that era, using ideas that were 'apparent to any first-year economics graduate student' - cut the fiscal deficit, spur competition, lower corporate taxes, etc.

But experience suggests that neither he nor Mr Berlusconi is a true believer in free markets.On April 16th Mr Berlusconi said Europe needed to regain influence in the world, but he dislikes the economic strictures that the EU seeks to impose, whether on euro-zone interest rates, fiscal policy or competition.Alitalia looks as if it will be a test case of Mr Berlusconi's intentions.

More significant for the long term, the leaders declared that the European Union's strict rules on competition and fiscal responsibility should be interpreted with greater "flexibility" if more banks require government financial help to survive.

As of 9 May, 2009, the council, with its decisions on rescue packages and possible debt restructurings and with its declarations of intent to bring about harmonisation in all fields of relevance for competition (economic, fiscal, the labour market and social policies), has passed a threshold.