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Fiscal imbalance information


Fiscal imbalance is a mismatch in the revenue powers and expenditure responsibilities of a government.

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Fiscal imbalance

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Fiscal imbalance is a mismatch in the revenue powers and expenditure responsibilities of a government. A fiscal imbalance emerges when sub-national governments...

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Fiscal imbalance in Australia

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The fiscal imbalance in Australia is the disparity between the revenue generation ability of the three levels of governments in Australia relative to their...

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Economy of Nigeria

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original on 22 June 2015. Retrieved 22 June 2015. "Approved 2023 Budget of Fiscal Consolidation and Transition". Budget Office of the Federation. Retrieved...

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Fiscal imbalance in Canada

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Fiscal imbalance (French, déséquilibre fiscal) is the term used in Canada to describe a monetary imbalance between the Canadian federal government and...

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Fiscal federalism

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horizontal fiscal imbalance is relatively non controversial (as explained above), there is a lively debate around the concepts of vertical fiscal imbalance and...

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Fiscal policy of the Philippines

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administration inherited a large fiscal deficit from the previous administration, but managed to reduce fiscal imbalance and improve tax collection through...

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2003 Quebec general election

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the fiscal imbalance was solved by sovereignty. He vowed to fight for money from Ottawa until then, as he had done earlier that year (see the "Fiscal Imbalance"...

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Section 96 of the Constitution of Australia

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use of the power under section 96 has added to Australia's vertical fiscal imbalance and enabled the Commonwealth to have a significant influence over matters...

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Equalization payments

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the federal government to help balance Switzerland's fiscal disparities. Fiscal imbalance Fiscal federalism Commonwealth Grants Commission "Government...

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National Finance Commission Award

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system of fiscal transfer to correct the vertical fiscal imbalance between provincial and federal government, and horizontal fiscal imbalances between four...

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Domestic policy of the Stephen Harper government

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provinces, including Quebec and Ontario, to deal with the issue of fiscal imbalance. When the 2006 budget was announced, there was commitment to deal with...

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Australian constitutional law

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interpretation which favour a broad reading of Commonwealth powers the "fiscal imbalance" between the Commonwealth and the States (see Constitutional basis...

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Politics of Canada

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Fiscal Imbalance in Canada". News Releases. Retrieved 2023-01-23. "A NEW STUDY BY THE CONFERENCE BOARD CONFIRMS THE EXISTENCE OF AN IMPORTANT FISCAL IMBALANCE...

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Transfer payment

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benefits Supplemental Security Income In Australia, the horizontal fiscal imbalance arises because of the mismatch between the tax revenues and government...

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Economy of Australia

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expenditure responsibilities, Australia is said to have a vertical fiscal imbalance. Besides receipts of funds from the federal government, states and...

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World Bank

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countries while enforcing policy changes in order to reduce inflation and fiscal imbalance. Some of these policies included encouraging production, investment...

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Finance Commission

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nation, India suffers from both vertical and horizontal fiscal imbalances. Vertical imbalances between the central and state governments result from states...

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Early 2000s recession

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with a number of them returning to deficits, which was blamed on the fiscal imbalance. 2003 saw elections in six Canadian provinces and in only one did the...

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European Fiscal Compact

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Economic and Monetary Union; also referred to as TSCG, or more plainly the Fiscal Stability Treaty is an intergovernmental treaty introduced as a new stricter...

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Becker Friedman Institute for Research in Economics

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as well as topical inquiries into important policy issues such as fiscal imbalance, systemic risk, policy uncertainty, and economics of the family, and...

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Puerto Rico

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growth, and entered into recession again in 2013, following growing fiscal imbalance and the expiration of the IRS Section 936 corporate incentives that...

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Power of the purse

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transfers). Opponents of this arrangement refer to this situation as the "fiscal imbalance", while others argue for the federal government's role in setting minimum...

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Politics of Australia

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conditions). This is a significant power due to high levels of vertical fiscal imbalance arising because of the limited revenue raising capabilities of the...

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2004 Canadian federal election

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plan to improve the system. Fiscal imbalance: all major parties except the Liberals claimed that there was a monetary imbalance between Ottawa and the provinces...

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Structural adjustment

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created with the stated goal of reducing the borrowing country's fiscal imbalances in the short and medium term or in order to adjust the economy to...

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Constitutional basis of taxation in Australia

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scheme as well as judicial interpretations have created a vertical fiscal imbalance, whereby the Commonwealth has the revenue-raising abilities while the...

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2005 Canadian federal budget

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demanding an overhaul to employment insurance and the elimination of the fiscal imbalance, voted against the budget. The New Democratic Party voted against the...

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Federalism in Australia

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Commonwealth financial domination and vertical imbalance in the Australian federal system (vertical fiscal imbalance). The system allowed the Commonwealth to...

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Canada Pension Plan

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contribution rate increased to 10.8% for 2017 and subsequent years. Fiscal imbalance in Australia Pensions in Canada "Canada's Retirement Income System"...

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South Australia v Commonwealth

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displace the State. It was a major contributor to Australia's vertical fiscal imbalance in the spending requirements and taxing abilities of the various levels...

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