| Summary: | "What does federalism have to do with the political struggle between conservatives and progressives over economic policy? How do economic theories of fiscal federalism influence European, North American and global forms of governance? In answering these questions, this book provides the first comprehensive account of the left-right politics of multilevel governance across the federal, regional and global levels. In this original and innovative work, Adam Harmes argues that both free market and interventionist economic theory each contain specific political projects related to fiscal federalism. These projects, and the interests that promote them, are then used to explain a diverse range of phenomena across different national contexts, levels of governance and over time. This includes the left-right dynamics of US and Canadian federalism, the free market origins of British euroscepticism and the 'Brexit' vote, the complex politics behind the NAFTA renegotiations and the emergence of both populist and progressive challenges to global free trade. In addition to these detailed empirical cases, The Politics of Fiscal Federalism, Regionalism and Globalism provides a highly accessible outline of fiscal federalism theory in economics. It also outlines the broader value and policy differences between neoliberal, classical liberal and Keynesian-welfare economics on issues such as the role of the state, subnational and global trade, economic nationalism and monetary integration. The book aims to demonstrate the relevance of a political economy approach to the study of federalism and why federalism and multilevel governance should be a significant area of study for political economists."--
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