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2022
For as long as the United Kingdom has existed, there has been a tension between the notion of a ‘unitary state’ based on the sovereignty of Parliament and the notion of a ‘federal state’ based on a partnership of willing nations. The tension is further problematised by the dominance of England, in terms of its size (population, territory, economy) and ...
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For as long as the United Kingdom has existed, there has been a tension between the notion of a ‘unitary state’ based on the sovereignty of Parliament and the notion of a ‘federal state’ based on a partnership of willing nations. The tension is further problematised by the dominance of England, in terms of its size (population, territory, economy) and ...
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2007
Abstract Two important methods by which new States are formed are the grant of independence by the previous sovereign and the forcible seizure of independence by the territory in question. The first is known as devolution and the second is known as secession.
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Abstract Two important methods by which new States are formed are the grant of independence by the previous sovereign and the forcible seizure of independence by the territory in question. The first is known as devolution and the second is known as secession.
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Political Devolution without Fiscal Devolution [PDF]
, 2005 Using a conventional model, this paper examines the conditions under which it is possible to stabilise both the output (inflation) cycle and the budget deficit/surplus of a regional economy in a wider currency union. We find that it is never possible. But we can approximate that result (for example, by limiting budgetary instability when the cycle is ...
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