U.S. States’ fiscal constraints and effects on budget policies
The article looks at fiscal constraints adopted by the U.S. States. It questions the ability of those rules to determine sound budgetary policies. To assess this point it analyses, in the general part, the major kind of constraints so far adopted. Of each major category the focus is upon institution...
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| Format: | Article |
| Language: | English |
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Centre for Studies on Federalism
2016-05-01
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| Series: | Perspectives on Federalism |
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| Online Access: | http://www.degruyter.com/view/j/pof.2016.8.issue-1/pof-2016-0005/pof-2016-0005.xml?format=INT |
| _version_ | 1818416343041441792 |
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| author | Iannella Mario |
| author_facet | Iannella Mario |
| author_sort | Iannella Mario |
| collection | DOAJ |
| description | The article looks at fiscal constraints adopted by the U.S. States. It questions the ability of those rules to determine sound budgetary policies. To assess this point it analyses, in the general part, the major kind of constraints so far adopted. Of each major category the focus is upon institutional weaknesses that create the room for the adoption of circumventing practices. The following section focuses instead on three case studies, to show examples of the way in which the constraints influenced policy-making without mining the ability of government to adopt unbalanced budgetary policies. The weaknesses are combined with the adoption of a deferential approach by the Courts that generally legitimized the accounting devices adopted by the States. The outcome is a system in which budget policies are influenced by several factors that go beyond the institutional framework. On the other side, legal boundaries create distortions and unwanted effects in policies implemented by the States. |
| first_indexed | 2024-12-14T11:49:22Z |
| format | Article |
| id | doaj.art-6f5dedfe2fa04adf91928afd89c9cdd2 |
| institution | Directory Open Access Journal |
| issn | 2036-5438 |
| language | English |
| last_indexed | 2024-12-14T11:49:22Z |
| publishDate | 2016-05-01 |
| publisher | Centre for Studies on Federalism |
| record_format | Article |
| series | Perspectives on Federalism |
| spelling | doaj.art-6f5dedfe2fa04adf91928afd89c9cdd22022-12-21T23:02:25ZengCentre for Studies on FederalismPerspectives on Federalism2036-54382016-05-01818111310.1515/pof-2016-0005pof-2016-0005U.S. States’ fiscal constraints and effects on budget policiesIannella Mario0PhD Candidate, Scuola Superiore Sant’Anna.The article looks at fiscal constraints adopted by the U.S. States. It questions the ability of those rules to determine sound budgetary policies. To assess this point it analyses, in the general part, the major kind of constraints so far adopted. Of each major category the focus is upon institutional weaknesses that create the room for the adoption of circumventing practices. The following section focuses instead on three case studies, to show examples of the way in which the constraints influenced policy-making without mining the ability of government to adopt unbalanced budgetary policies. The weaknesses are combined with the adoption of a deferential approach by the Courts that generally legitimized the accounting devices adopted by the States. The outcome is a system in which budget policies are influenced by several factors that go beyond the institutional framework. On the other side, legal boundaries create distortions and unwanted effects in policies implemented by the States.http://www.degruyter.com/view/j/pof.2016.8.issue-1/pof-2016-0005/pof-2016-0005.xml?format=INTBalanced Budget RulesU.S. States’ Budget ConstraintsEffectiveness of fiscal constraintsEffects on BBRs upon States policyCourts’ evaluation of budget constraints |
| spellingShingle | Iannella Mario U.S. States’ fiscal constraints and effects on budget policies Perspectives on Federalism Balanced Budget Rules U.S. States’ Budget Constraints Effectiveness of fiscal constraints Effects on BBRs upon States policy Courts’ evaluation of budget constraints |
| title | U.S. States’ fiscal constraints and effects on budget policies |
| title_full | U.S. States’ fiscal constraints and effects on budget policies |
| title_fullStr | U.S. States’ fiscal constraints and effects on budget policies |
| title_full_unstemmed | U.S. States’ fiscal constraints and effects on budget policies |
| title_short | U.S. States’ fiscal constraints and effects on budget policies |
| title_sort | u s states fiscal constraints and effects on budget policies |
| topic | Balanced Budget Rules U.S. States’ Budget Constraints Effectiveness of fiscal constraints Effects on BBRs upon States policy Courts’ evaluation of budget constraints |
| url | http://www.degruyter.com/view/j/pof.2016.8.issue-1/pof-2016-0005/pof-2016-0005.xml?format=INT |
| work_keys_str_mv | AT iannellamario usstatesfiscalconstraintsandeffectsonbudgetpolicies |