Public spending and the role of the state : history, performance, risk and remedies

著者

書誌事項

Public spending and the role of the state : history, performance, risk and remedies

Ludger Schuknecht

Cambridge University Press, 2021

  • : Pbk

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注記

Includes bibliographical references (p. 271-279) and index

内容説明・目次

内容説明

Given high government spending, debt and the new challenges on the horizon, the themes of this work are more relevant than ever: the essential tool of spending by the state, its 'value for money', likely risks in the future, and the remedies to create lean, efficient and sustainable government. This book takes a holistic and international approach, covering most advanced countries, and discusses a historical overview of public expenditure, from the nineteenth century to the modern day, as well as future challenges. It sees the government's role as providing sound rules of the game and essential public goods and services. In presenting the relevant arguments, information and policy recommendations through comprehensive tables, charts and historical facts, the book addresses a broad readership, including students, professionals and interested members of the public.

目次

  • Introduction
  • Part I. The Growth of Government: 1. The Growth of Government Expenditure Over the Past 150 Years
  • 2. The Composition of Expenditure
  • 3. Financing Government
  • Part II. Value for Money: 4. Government Performance and Efficiency
  • 5. Reforming Public Expenditure
  • 6. The Optimal Size of Government
  • Part III. Fiscal Risks: 7. Social Expenditure and the Risk of 'Social Dominance'
  • 8. Fiscal-Financial Risks 1: Interest Rate, Asset Markets and Real Economy Channels
  • 9. Fiscal-Financial Risks 2: Bank, Shadow Bank, Central Bank and International Channels
  • Part IV. Remedies: 10. Rules and Institutions
  • 11. Conclusions and Epilogue
  • Table of Data Sources
  • Bibliography
  • Index.

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