Begging bowl meets baseball bat? Lessons for the UK from the Australian Fiscal Model
The UK has taken a historic step towards regionalizedgovernment with its creation of a Scottish Parliament and Welsh and Northern Ireland Assemblies.However this has raised important question marks about the existing funding system, the ‘Barnett formula’.The purpose of this article isto examine the experience offered by a mature federal Fiscal system, namely that of Australia.The Australian system, and in particular its . scal system of distribution,is outlined,as are the eVects of this system and the political manipulations of it that have taken place.Issues arising and important mechaimplications for UK policy makers are then discussed.
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|Item Type:||Journal Article|
|Additional Information:||For more information, please refer to the journal’s website (see hypertext link) or contact the author. Author contact details: email@example.com|
|Keywords:||Barnett Federal Australia Fiscal equalization|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000)
Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > URBAN AND REGIONAL PLANNING (120500) > Urban and Regional Planning not elsewhere classified (120599)
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
|Copyright Owner:||Copyright 2004 Taylor and Francis|
|Deposited On:||26 Jun 2007|
|Last Modified:||05 Jan 2011 13:31|
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