Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73047
Authors: 
Yagihara, Dai
Year of Publication: 
2012
Series/Report no.: 
Joint Discussion Paper Series in Economics 52-2012
Abstract: 
This paper looks at the intergovernmental mechanisms by which federalism operates in Australia, notably the Council of Australian Governments (COAG), Commonwealth Grants Commission (CGC), Australian Loan Council (ALC). These three main systems contribute to improve Australian intergovernmental relations, that is, establish managerial mechanism in Australia. Australia's intergovernmental system provides the foundation for new federalism operations. And these mechanisms are an opportunity to consider the intergovernmental relations as a whole. Reform of intergovernmental operations and federal financial arrangements would contribute to greater economic efficiency, improved equity outcomes, and greater accountability and transparency. Reform will deliver benefits to the national economy and improve both Commonwealth and state fiscal operation.
Subjects: 
Australian Loan Council
Intergovernmental fiscal relations of Australia
the Commonwealth Grants Commission
Debts
Public Australia
the Council of Australian Governments
JEL: 
H71
H74
H77
Document Type: 
Working Paper

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