Iain McLean - The Fiscal Crisis of the United Kingdom (2005).jpg
 | Iain McLean - The Fiscal Crisis of the United Kingdom (2005).jpg
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Public expenditures go to Scotland, Wales and Northern Ireland by the notorious Barnett formula, but this is collapsing and cannot last long, while formulae used in English regions also work badly. The Fiscal Crisis of the United Kingdom suggests how the system could be fixed, drawing lessons from Australia and Canada and recommending a Territorial Grants Commission.
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