The Fiscal Crisis of the United Kingdom (Paperback, 1st ed. 2005)


The system for allocating public expenditure to the nations and regions of the UK has broken down. Money goes to Scotland, Wales and Northern Ireland by the notorious Barnett formula, but this is collapsing and cannot last long. Money goes to the English regions by poorly-understood formulae that work badly. People in every region think that the system is unfair to them. The Fiscal Crisis of the United Kingdom suggests how the system could be fixed, drawing lessons from Australia and Canada. It recommends a Territorial Grants Commission.

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Product Description

The system for allocating public expenditure to the nations and regions of the UK has broken down. Money goes to Scotland, Wales and Northern Ireland by the notorious Barnett formula, but this is collapsing and cannot last long. Money goes to the English regions by poorly-understood formulae that work badly. People in every region think that the system is unfair to them. The Fiscal Crisis of the United Kingdom suggests how the system could be fixed, drawing lessons from Australia and Canada. It recommends a Territorial Grants Commission.

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Product Details

General

Imprint

Palgrave Macmillan

Country of origin

United Kingdom

Series

Transforming Government

Release date

2005

Availability

Expected to ship within 10 - 15 working days

First published

2005

Authors

Dimensions

203 x 127mm (L x W)

Format

Paperback

Pages

250

Edition

1st ed. 2005

ISBN-13

978-1-349-50893-8

Barcode

9781349508938

Categories

LSN

1-349-50893-4



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