Debt, Democracy and the Welfare State PDF ePub eBook

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Debt, Democracy and the Welfare State free pdf 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 sustainable economic growth for fear of losing their electorate? In this book, Hannesson examines the current public debt crises of both small and large democracies in terms of the inability or unwillingness of democratic leaders to balance taxes and public spending. It explores crucial issues involved in the financing of the welfare state addressing how governments should go about balancing public service spending, alongside private sector contributions.

About Rognvaldur Hannesson

Rognvaldur Hannesson is Professor Emeritus of Economics at the Norwegian School of Economics, Bergen. He has published over 100 articles in professional journals, as well as several books, including Ecofundamentalism: A critique of Extreme Environmentalism, The Privatization of the Oceans, and Investing for Sustainability: The Management of Mineral Wealth.

Details Book

Author : Rognvaldur Hannesson
Publisher : Palgrave Pivot
Data Published : 24 April 2015
ISBN : 1137531991
EAN : 9781137531995
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 122 pages
Age + : 15 years
Language : English
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