Fiscal Equalisation and Natural Resources in Federal Systems

Redistribution from wealthier to less-wealthy jurisdictions is a common if not virtually universal practice in federal systems and accords with some of the key principles of federalism. However, it easily becomes controversial or contested - particularly when resource revenues are at stake. This pap...

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Main Author: Fenna, Alan
Format: Journal Article
Published: John Curtin Institute of Public Policy, Curtin University of Technology 2011
Subjects:
Online Access:http://search.informit.com.au/documentSummary;dn=072527766341924;res=IELHSS
http://hdl.handle.net/20.500.11937/16936
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author Fenna, Alan
author_facet Fenna, Alan
author_sort Fenna, Alan
building Curtin Institutional Repository
collection Online Access
description Redistribution from wealthier to less-wealthy jurisdictions is a common if not virtually universal practice in federal systems and accords with some of the key principles of federalism. However, it easily becomes controversial or contested - particularly when resource revenues are at stake. This paper looks at the particular challenge posed by regionally-concentrated resource wealth in boom times and considers equity and efficiency arguments for a dilution or abolition of Australia's comprehensive system of horizontal fiscal equalisation put forward by 'donor' States and others.
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spelling curtin-20.500.11937-169362017-05-30T08:12:16Z Fiscal Equalisation and Natural Resources in Federal Systems Fenna, Alan Federal government Intergovernmental fiscal relations Economic policy--Political aspects Redistribution from wealthier to less-wealthy jurisdictions is a common if not virtually universal practice in federal systems and accords with some of the key principles of federalism. However, it easily becomes controversial or contested - particularly when resource revenues are at stake. This paper looks at the particular challenge posed by regionally-concentrated resource wealth in boom times and considers equity and efficiency arguments for a dilution or abolition of Australia's comprehensive system of horizontal fiscal equalisation put forward by 'donor' States and others. 2011 Journal Article http://hdl.handle.net/20.500.11937/16936 http://search.informit.com.au/documentSummary;dn=072527766341924;res=IELHSS John Curtin Institute of Public Policy, Curtin University of Technology fulltext
spellingShingle Federal government
Intergovernmental fiscal relations
Economic policy--Political aspects
Fenna, Alan
Fiscal Equalisation and Natural Resources in Federal Systems
title Fiscal Equalisation and Natural Resources in Federal Systems
title_full Fiscal Equalisation and Natural Resources in Federal Systems
title_fullStr Fiscal Equalisation and Natural Resources in Federal Systems
title_full_unstemmed Fiscal Equalisation and Natural Resources in Federal Systems
title_short Fiscal Equalisation and Natural Resources in Federal Systems
title_sort fiscal equalisation and natural resources in federal systems
topic Federal government
Intergovernmental fiscal relations
Economic policy--Political aspects
url http://search.informit.com.au/documentSummary;dn=072527766341924;res=IELHSS
http://hdl.handle.net/20.500.11937/16936