Overview
Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 570)
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Table of contents (6 chapters)
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Front Matter
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Back Matter
Keywords
About this book
One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect lack of fiscal discipline. Why do some countries have recurrent fiscal deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in fiscal outcomes? How are they related to growth or inflation? This book presents new, rigorous, theoretical and empirical studies on these fiscal issues, and highlights social polarization as an essential organizing principle in a political economy approach. Also, it discusses how institutional constraints may favourably affect fiscal dynamics in the presence of social polarization.
Authors and Affiliations
Bibliographic Information
Book Title: The Political Economy of Fiscal Policy
Book Subtitle: Public Deficits, Volatility, and Growth
Authors: Jaejoon Woo
Series Title: Lecture Notes in Economics and Mathematical Systems
DOI: https://doi.org/10.1007/3-540-31417-2
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2006
Softcover ISBN: 978-3-540-29640-9Published: 14 December 2005
eBook ISBN: 978-3-540-31417-2Published: 25 February 2006
Series ISSN: 0075-8442
Series E-ISSN: 2196-9957
Edition Number: 1
Number of Pages: X, 172
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, Public Economics, Development Economics, Economic Growth, Political Science