Debt, Democracy and the Welfare State

R. Hannesson

Palgrave Macmillan, 2015

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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?

ISBN-13
9781137531995
ISBN-10
1137531991
Publisher
Palgrave Macmillan
Year
2015
Publication date
2015-04-24
Pages
115
Dimensions
216x140x