Fiscal federalism relevant for all kinds of government: unitary, federal and confederal. The concept of fiscal federalism is not to be associated with fiscal decentralization in officially declared federations only; it is applicable even to non-federal states (having no formal federal constitutional arrangement) in the sense that they encompass different levels of government which have de facto decision-making authority. This, however, does not mean that all forms of governments are 'fiscally' federal, only that 'fiscal federalism' is a set of principles that can be applied to all countries attempting 'fiscal decentralization'. In fact, fiscal federalism is a general normative framework for assignment
The Financial Lives of the Poets The Financial Lives of the Poets The Financial Lives of the Poets is the fifth novel by the American writer Jess Walter. It is a comedic novel first published in 2009. The novel explores the global financial crisis, through the eyes of a business reporter turned poet. Reception of the novel was generally positive. "The New York Times" was largely positive, calling it successful at "captur[ing] the fiscal panic and frustration" and full of "blistering wisecracks". "The Los Angeles Times" called it "darkly funny, surprisingly tender [and] verse sprinkled", though the review highlighted the characters in the novel as flawed