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Renegotiating Equalization
Thomas J. Courchene
其他書名
National Polity, Federal State, International Economy
出版C.D. Howe Institute, 1998
ISBN08880643579780888064356
URLhttp://books.google.com.hk/books?id=Lw3uAAAAMAAJ&hl=&source=gbs_api
註釋This commentary develops a set of general design and implementation principles that will allow some progress toward reforming fiscal federalism for the next century while incorporating sufficient flexibility to accommodate alternative paths for the broader evolution of Canada's economy and society. The first part focuses on a set of initial conditions that will inform the development of transfer principles. Also included here is an assessment of where Canada currently stands with respect to key intergovernmental transfer programs. The rest of the commentary is devoted to isolating transfer design and implementation principles, with major focus on the equalization program. The second part offers two principles or rationales for equalization: a federal rationale and a citizenship rationale. This is followed by a brief review of the history of the equalization formula and how this evolution accords with those two princples. The third part attempts to debunk several key assumptions of the unitary state, closed economy model found in the prevailing equalization literature. The fourth part develops a set of implementation principles and indicates a series of design faults with respect to the status quo. Issues addressed include the appropriate equalization standard, fiscal neutrality, expenditure needs, the resource-rent challenge, and the erosion of the stabilization component of transfers.