This paper examines the effect of the Social Union Framework Agreement (SUFA) on fiscal federalism and vertical fiscal imbalance.
Written in 2002; 5,450 words; 17 sources; MLA; $ 133.95
Paper Summary:
The paper examines the Social Union Framework Agreement (SUFA), also known as the Calgary Declaration, and the effect it will have on fiscal federalism. It argues that the SUFA is a realization that modern federalism is not sufficient to govern a complex and highly decentralized modern welfare state. The paper also includes charts, figures and graphs.
From the Paper:
"The manifest purpose of SUFA is to manage intergovernmental relations in the area of social policy, given the high degree of interconnectedness between federal and provincial social programs. These intergovernmental relations include not only the social programs by each level of government, but also, the management of transfer payments from the federal government to the provinces. It is these transfer payments which permit a high degree of program decentralization given centralization of taxation powers; in theory, this type of arrangement ought to be economically efficient by allowing program delivery to be customized to local circumstances, but maintaining national taxation standards to avoid taxation policies which would promote factor flight, resulting in an inefficient allocation of labour and capital. Increasingly, however, revenues available to the provinces through taxation and transfers are inadequate to meet their program needs. This "vertical fiscal imbalance", though disputed by the federal government, is a serious long-term problem for provincial governments and a major motivation behind the "Calgary Declaration" which led to SUFA. On analysis, though, SUFA does not restrain the spending power of the federal government the way the provinces had intended, and will not have any meaningful impact on vertical fiscal imbalance."
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "SUFA and Fiscal Federalism", Essays on "SUFA and Fiscal Federalism", Research papers on "SUFA and Fiscal Federalism", Student papers on "SUFA and Fiscal Federalism", Book reports on "SUFA and Fiscal Federalism", Dissertation on "SUFA and Fiscal Federalism", Thesis on "SUFA and Fiscal Federalism", Summary of paper on "SUFA and Fiscal Federalism", Articles written on "SUFA and Fiscal Federalism".