Financing the New Federalism is the fifth in a series on the governance of metropolitan areas which aimed to improve the political organisation of metropolitan regions in America. Originally published in 1975, this particular study focusses on federal revenue sharing exploring its effects and implications with the purpose of providing a breadth of views on the subject for policy-makers. This title will be of interest to students of environmental studies.
Table of Contents
Foreword; 1. Introduction 2.Political Implications of the New Federalism 3. General Revenue Sharing – The Program’s Incentives 4.Grants in a Metropolitan Economy – A framework for Policy 5. An Econometric Model of Federal Grants and Local Fiscal Response 6. "Automatic" Increases in Tax Revenues – The Effect on the Size of the Public Budget