Debt, Democracy and the Welfare State
Are Modern Democracies Living on Borrowed Time and Money?
Business & Finance, Economics, Public Finance, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | R. Hannesson | ISBN: | 9781137532008 |
| Publisher: | Palgrave Macmillan UK | Publication: | April 24, 2015 |
| Imprint: | Palgrave Pivot | Language: | English |
| Author: | R. Hannesson |
| ISBN: | 9781137532008 |
| Publisher: | Palgrave Macmillan UK |
| Publication: | April 24, 2015 |
| Imprint: | Palgrave Pivot |
| Language: | English |
Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?
Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?
