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PUBLIC DEFICITS


STURM R. MULLER M.

wydawnictwo: LONGMAN, 1999, wydanie I

cena netto: 160.00 Twoja cena  152,00 zł + 5% vat - dodaj do koszyka

A Comparative Study of their Economic and Political Consequences in Britain, Canada, Germany & the USt

1st Edition
Professor R. Sturm

1999 152 pages 0582-25343-8 (Paperback)

Public Deficits are one of the most pressing problems in all advanced industrialised countries. Public indebtedness has reached proportions which threaten selected government policies and even challenge the governability of democracies. This important new book focuses on four G-7 countries: Britain, Canada, Germany and the United States. These countries have different economic traditions, institutions and budgetary procedures and have developed different approaches to the problem of public deficits. Through a unique comparative approach the authors reach the core of the deficit problem and what it means for governments in democratic societies. Before providing a specific analysis they ask:
* What is public debt, and what is the theoretical background for the analysis of the deficit problem?
* What are the political and social consequences of budgetary deficits, and are there any restrictions for the management of budgets in this era of economic globalisation and regionalisation?
A detailed study follows, of the experience of Britain, Canada, Germany and the United States. Consideration of the same issues in each help the comparison: the history of the deficit problem; the institutional framework for decisions on the deficit; the importance of the debt problem in the national political and economic discourse; and the effects of deficit control policies. The concluding chapter is an in-depth comparison of the four countries and puts the problem of public deficits into a political science perspective.

* A Unique comparative analysis of a major problem for all advanced industrialised countries

* Sets individual national debates in a wider context

* Compares a range of solutions proposed for deficit reductions

* Based on original research and the latest research results, made accessible to any reader

1 Introduction 1.1 What is the Public Debt? 1.2 The Evolution of the Deficit 1.3 Public Deficits in the light of economic theories 1.4 Political and social consequences of public deficits 1.5 Debt management policies 1.6 Limits fo rthe Public Debt; 2: Britain 2.1 the history of the deficit problem 2.2 The institutional framework for decisions on the deficit 2.3 The debt crisis in perspective; 2.4 Deficit control policies 2.5 Deficits - the British experience 3 Canada 3.1 the history of the deficit problem 3.2 The Institutional framework for decisions on the deficit 3.3 The debt crisis in persepctive 3.4 Deficit control policies 3.5 Deficits - the Canadian experience 4 Germany 4.1 The history of the deficit problem 4.2 The institutional framework for decisions on deficit 3.3. The debt crisis in perspective 3.4 Deficit control policies 4.5 Deficits - the German experience; 5 USA 5.1 The history of the deficit problem; 5.2 The institutional framework for decisions on the deficit 5.3 The debt crisis in perspective 5.4 Deficit control policies 5.5 Deficits - the United States experience 6 Public Deficits: a challenge to governance?.

Roland Sturm is an emminent author and academic on topics of European, comparative and economic policies, and Head of the Political Science Department, University of Erlangen-Nuremberg, Germany. Markus Muller is a staff member and heads a research unit on regulatory reform.

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