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Trimming the Sails
Istvan Benczes
其他書名
The Comparative Political Economy of Expansionary Fiscal Consolidations
出版
Central European University Press
, 2008-01-10
主題
Political Science / Political Economy
Business & Economics / Money & Monetary Policy
Political Science / Public Policy / Communication Policy
Business & Economics / Development / Economic Development
Business & Economics / Development / Sustainable Development
Political Science / Public Policy / Economic Policy
ISBN
6155211329
9786155211324
URL
http://books.google.com.hk/books?id=A_0OEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
The book provides a clear, multidisciplinary and systematic analysis of the relatively new concept of the so-called expansionary fiscal consolidations. This concept suggests that fiscal adjustment should not be in trade-off with economic growth if certain conditions are met. But why do only a few countries and only at certain times experience the expansionary effects, while others not at all? The necessary institutional conditions and circumstances have been totally neglected in the literature, or analyzed only partially at best.