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federation

Bible DictionaryDictionary of Political Economy
A composite or conglomerate state that consists of several regional governments with a common central government, and in which both regional and central governments each have their own spheres of policy making in which their decisions are normally presumed to be final. The powers of the regional and central governments are almost invariably spelled out in detail in a written constitution, which also normally specifies procedures to be followed for resolving conflicts between the two kinds of government (often by some process of judicial review). Generally in a federation both central and regional governments will possess taxing and enforcement powers over the citizenry and therefore both will maintain their own bureaucratic and police organizations to carry out these powers.

[See also: stateconfederationempirebureaucracybureaucratic politics]


 

Economics INDEX:


List of Terms: Terms beginning with "A", Page 1

Starts With:  A B C D E F G H I J L M N O P Q R S T U V W X
Page Number:  1

A: Page 1 of 1.

AAR
AERO
APEC
Abatement
Ability-to-Pay...Absolute Advan...
Absolute advan...Abundance
Accelerator
Acid Rain
Acquired Endow...Acquittal
Adaptive Expec...Additive
Advance estima...
Adverse Select...Agency problem
Agency problem...
Agency problem...Aggregate Dema...Aggregate Expe...
Aggregate Supp...Aggregate dema...Aggregate supp...
Allocation
Allocative Eff...Ambient Charge
Anarchism
Annual input-o...Antitrust Laws
Appropriation ...Aquifer
Aristocracy
Assets
Assistance In ...Asymmetric Inf...
Authorization ...Autocracy
Average Costs
Average Produc...Average Variab...

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