fiscal federalism

USAGE SUMMARY

'fiscal federalism' is a correct and usable phrase in written English.
It is used to refer to the system of fiscal division of power between different levels of government, such as the federal government, state governments, and local governments. For example, "In the United States, fiscal federalism ensures that states and local governments each have some control over taxation and spending decisions."

✓ Grammatically correct

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Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Decisions on benefit uprating "should be taken at fiscal events and in light of the fiscal circumstances," he argued at the time.

The Guardian

The improved economic growth means that the fiscal deficit, which stood at 11% in 2010, will fall to 6.8% this year assessed on the "underlying basis".

The Guardian

Most of the economic indices of late such as the lowering of growth rates to jut 0.7% confirm the widely held view across Dublin and the entire Republic that 2012 is going to be another year of fiscal pain and sacrifice.

The Guardian

In such a loose monetary context today's figures are a great disappointment and highlight the need for fiscal expansion to support efforts on the monetary side.

The Guardian - Business

When the Labour leader said no, a lowing sound could be heard, the noise of an audience uniting in sceptical rejection of the man before them – a reminder that one of Miliband's greatest errors since 2010 was his failure to debunk the narrative that blames Labour profligacy for the country's fiscal troubles.

The Guardian

In the New York Times earlier this year, Paul Krugman wrote of an economic effect called "The Great Gatsby curve," a graph that measures fiscal inequality against social mobility and shows that America's marked economic inequality means it has correlatively low social mobility.

The Guardian - Books

The notes show he was going to attack Sturgeon on austerity by saying: "Your own plan for fiscal autonomy means £6bn more cuts in Scotland – that's extending Tory austerity, not ending it.

The Guardian

He tweeted this morning that yesterday's events (the political crisis in the Netherlands, and the results of the first round of the French presidential election) mean the rules are already unravelling: — Nouriel Roubini (@Nouriel) April 24 , 2012EZ Fiscal Compact DOA even before ratification.

The Guardian - Business

Moody's predicted political instability in the Netherlands for the rest of 2012, and also warned that the collapse of Mark Rutte's government also threatens Europe's drive for closer, tighter, fiscal unity: As one of the euro area's main proponents of rules-based fiscal discipline and monitoring, a Dutch failure to abide by these rules could weaken proposed euro area rules at their birth.

The Guardian - Business

The Lib-Con partnership has been a very British phenomenon, cemented by personal relationships and the success of two party elites discovering sufficient personal chemistry and affinity of objective – principally on fiscal strategy – to keep the show on the road.

The Guardian - Opinion

And there is no obvious target for fiscal policy and the budget.

The Guardian

Expert writing Tips

Best practice

In academic writing, support discussions of "fiscal federalism" with empirical data and case studies to illustrate its impact on economic outcomes and governance structures.

Common error

Avoid using "fiscal federalism" interchangeably with general federalism. "Fiscal federalism" specifically relates to financial and budgetary relationships between levels of government, not the broader political structure.

Linguistic Context

The primary grammatical function of "fiscal federalism" is as a noun phrase, often serving as the subject or object of a sentence. As there are no examples in Ludwig, the analysis is based on the phrase’s established meaning.

Expression frequency: Missing

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Ludwig's WRAP-UP

"Fiscal federalism" is a noun phrase denoting the financial relationships between different levels of government. Although Ludwig does not provide direct examples, the phrase is understood to function within formal contexts, such as academic, economic, and governmental discussions. It serves to describe and analyze systems of resource allocation and responsibility. Related phrases include "intergovernmental fiscal relations" and "decentralized fiscal governance". When using the phrase, ensure clarity regarding specific regions and support discussions with empirical data. Avoid confusing it with general federalism, focusing instead on the financial and budgetary dynamics.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Intergovernmental fiscal relations

Replaces "federalism" with a focus on the "relations" between governmental entities regarding fiscal matters.

Decentralized fiscal governance

Highlights the "decentralized" aspect of fiscal control and management.

Shared fiscal responsibility

Emphasizes the concept of "shared responsibility" in fiscal matters between different levels of government.

Federal-state fiscal arrangements

Specifies the levels of government involved as "federal" and "state".

Division of fiscal powers

Focuses on the "division" of powers related to fiscal policy.

Allocation of fiscal resources across government tiers

More explicitly describes the "allocation" of resources among governmental levels.

Fiscal devolution

Highlights the "devolution" of fiscal authority from a central government.

Subnational fiscal policy

Focuses on fiscal policy at the "subnational" level.

Cooperative federalism in fiscal affairs

Adds the concept of "cooperation" to the federalism model regarding fiscal matters.

Integrated fiscal system

Emphasizes the "integrated" nature of the fiscal system.

FAQs

What exactly does "fiscal federalism" mean?

Fiscal federalism refers to the division of governmental functions and financial relations among levels of government. It encompasses how responsibilities are allocated and funded between central and subnational entities.

How does "fiscal federalism" differ from other forms of federalism?

While federalism broadly covers the division of powers, "fiscal federalism" focuses specifically on the financial aspects of this division, such as taxation, spending, and debt management.

What are some alternatives to the term "fiscal federalism"?

Alternatives include "intergovernmental fiscal relations", "decentralized fiscal governance", or "shared fiscal responsibility", depending on the specific aspect you want to emphasize.

Why is understanding "fiscal federalism" important?

Understanding "fiscal federalism" is crucial for analyzing how public resources are managed and distributed, which significantly impacts economic stability, social equity, and the efficiency of government services.