The Political Economy of Public Finance

Taxation, State Spending and Debt since the 1970s

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Business & Finance, Economics, Economic History
Cover of the book The Political Economy of Public Finance by , Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781108161220
Publisher: Cambridge University Press Publication: February 23, 2017
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781108161220
Publisher: Cambridge University Press
Publication: February 23, 2017
Imprint: Cambridge University Press
Language: English

This volume examines the major trends in public finance in developed capitalist countries since the oil crisis of 1973. That year's oil shock quickly became an economic crisis, putting an end to a period of very high growth rates and an era of easy finance. Tax protests and growing welfare costs often led to rising debt levels. The change to floating exchange rates put more power in the hand of markets, which corresponded with a growing influence of neo-liberal thinking. These developments placed state finances under considerable pressure, and leading scholars here examine how the wealthiest OECD countries responded to these challenges and the consequences for the distribution of wealth between the rich and the poor. As the case studies here make clear, there was no simple 'race to the bottom' in taxation and welfare spending: different countries opted for different solutions that reflected their political and economic structures.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This volume examines the major trends in public finance in developed capitalist countries since the oil crisis of 1973. That year's oil shock quickly became an economic crisis, putting an end to a period of very high growth rates and an era of easy finance. Tax protests and growing welfare costs often led to rising debt levels. The change to floating exchange rates put more power in the hand of markets, which corresponded with a growing influence of neo-liberal thinking. These developments placed state finances under considerable pressure, and leading scholars here examine how the wealthiest OECD countries responded to these challenges and the consequences for the distribution of wealth between the rich and the poor. As the case studies here make clear, there was no simple 'race to the bottom' in taxation and welfare spending: different countries opted for different solutions that reflected their political and economic structures.

More books from Cambridge University Press

Cover of the book Performance Measurement for Health System Improvement by
Cover of the book Neuropsychiatric and Cognitive Changes in Parkinson's Disease and Related Movement Disorders by
Cover of the book German Cosmopolitan Social Thought and the Idea of the West by
Cover of the book To Win the Battle by
Cover of the book Egypt in a Time of Revolution by
Cover of the book Sociolinguistic Variation in Children's Language by
Cover of the book The Cultural Politics of Human Rights by
Cover of the book Racial Subordination in Latin America by
Cover of the book Modern Techniques of Surface Science by
Cover of the book A Philosophical Guide to Chance by
Cover of the book The Passing of Protestant England by
Cover of the book Shell Shock, Memory, and the Novel in the Wake of World War I by
Cover of the book The Cambridge Companion to Philo by
Cover of the book Planetary Rings by
Cover of the book Revolutions in Twentieth-Century Physics by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy