New Perspectives on State Government Fiscal Challenges

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budget policy
Category=JPQB
Category=KCP
Category=KFFD
constitutional economics
debt fatigue
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eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_society-politics
fiscal policy
fiscal rules
public administration
Tax Expenditure Limits
unfunded liabilities

Product details

  • ISBN 9781666932034
  • Weight: 567g
  • Dimensions: 158 x 237mm
  • Publication Date: 15 Jul 2023
  • Publisher: Bloomsbury Publishing Plc
  • Publication City/Country: US
  • Product Form: Hardback
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In this book on new fiscal approaches, nineteen experts examine topics ranging from constitutional reform and debt fatigue to fiscal rules and zero-based budgeting. Together, these contributions inform a multifaceted, nuanced argument for the need to formalize spending restraint and redefine state debt to include unfunded liabilities. Scholars will find the book useful as a reference tool explaining how rules-based fiscal policy is used to address debt fatigue and unsustainable spending growth. Legislators and practitioners will find the book useful as a reference source in designing and simulating second generation fiscal rules, and educators will find the book helpful for its close analysis of policies in representative states such as Illinois, New York, New Jersey, Nebraska, and California.

Barry W. Poulson is emeritus professor of economics at the University of Colorado.

John Merrifield is head of the Institute for Objective Policy Assessment and was a member of the faculty at the University of Texas at San Antonio for 32 years.