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The Fiscal Crisis of the United Kingdom

I McLean author

Format:Paperback

Publisher:Palgrave Macmillan

Published:1st Jan '05

Currently unavailable, and unfortunately no date known when it will be back

The Fiscal Crisis of the United Kingdom cover

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The system for allocating public expenditure to the nations and regions of the UK has broken down. 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 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.

ISBN: 9781349508938

Dimensions: unknown

Weight: unknown

250 pages

1st ed. 2005