Debt, democracy and the welfare state : are modern democracies living on borrowed time and money?
Author(s)
Bibliographic Information
Debt, democracy and the welfare state : are modern democracies living on borrowed time and money?
(Palgrave pivot)
Palgrave Macmillan, 2015
- hardback
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
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?
Table of Contents
1. The Rising Tide of Debt 2. Why has Government Debt Increased? 3. The Cost Disease of Public Services 4. The Welfare State: Insurance or Redistribution? 5. Democracy and Enlightened Authoritarianism 6. The European Union: A Viable Colossus? 7. How Sweden Got Out of the Debt Trap 8. Conclusion Appendix - Data Sources Literature
by "Nielsen BookData"