Description:One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect lack of fiscal discipline. Why do some countries have recurrent fiscal deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in fiscal outcomes? How are they related to growth or inflation? This book presents new, rigorous, theoretical and empirical studies on these fiscal issues, and highlights social polarization as an essential organizing principle in a political economy approach. Also, it discusses how institutional constraints may favourably affect fiscal dynamics in the presence of social polarization.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Political Economy of Fiscal Policy: Public Deficits, Volatility and Growth. Lecture Notes in Economics and Mathematical Systems. To get started finding The Political Economy of Fiscal Policy: Public Deficits, Volatility and Growth. Lecture Notes in Economics and Mathematical Systems, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
175
Format
PDF, EPUB & Kindle Edition
Publisher
Springer
Release
2006
ISBN
1280462612
The Political Economy of Fiscal Policy: Public Deficits, Volatility and Growth. Lecture Notes in Economics and Mathematical Systems
Description: One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect lack of fiscal discipline. Why do some countries have recurrent fiscal deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in fiscal outcomes? How are they related to growth or inflation? This book presents new, rigorous, theoretical and empirical studies on these fiscal issues, and highlights social polarization as an essential organizing principle in a political economy approach. Also, it discusses how institutional constraints may favourably affect fiscal dynamics in the presence of social polarization.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Political Economy of Fiscal Policy: Public Deficits, Volatility and Growth. Lecture Notes in Economics and Mathematical Systems. To get started finding The Political Economy of Fiscal Policy: Public Deficits, Volatility and Growth. Lecture Notes in Economics and Mathematical Systems, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.