Kiravian federalism: Difference between revisions
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*'''Full constitutional patriation''' - Whereas the chartered governments of other provinces are enacted (either unilaterally or bilaterally) by federal lawmaking bodies, can be revoked or suspended on federal authority, and require federal assent for amendments, state constitutions are creatures of state law alone. State constitutions must satisfy the minumum requirements laid out in Article F of the Kiravian constitution. | *'''Full constitutional patriation''' - Whereas the chartered governments of other provinces are enacted (either unilaterally or bilaterally) by federal lawmaking bodies, can be revoked or suspended on federal authority, and require federal assent for amendments, state constitutions are creatures of state law alone. State constitutions must satisfy the minumum requirements laid out in Article F of the Kiravian constitution. | ||
*'''Central bank equity''' - States are required to pay up their share of capital in the [[Reserve Bank of Kirav]], according to a decennial capital key that accounts for each state's gross regional product and population. | *'''Central bank equity''' - States are required to pay up their share of capital in the [[Reserve Bank of Kirav]], according to a decennial capital key that accounts for each state's gross regional product and population. | ||
*'''Fiscal autonomy''' - State governments are not subject to audit by federal agents. | *'''Fiscal autonomy''' - State governments are not subject to audit by federal agents. The {{wp|sovereign wealth|wealth}} and {{wp|sovereign debt|debt}} of the States are sovereign, and the federal government cannot seize, freeze, appropriate, or otherwise interfere with state funds or financial assets. This contrasts with the situation in chartered territories/entrustancies, intendancies, dependencies, etc., where the federal government is empowered and obligated to suspend the province's charter or articles of government and assume control of its finances in order to address a fiscal emergency. | ||
==Federalism and the Emperor== | ==Federalism and the Emperor== | ||