Debt, Democracy and the Welfare State

Are Modern Democracies Living on Borrowed Time and Money?

Business & Finance, Economics, Public Finance, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Debt, Democracy and the Welfare State by R. Hannesson, Palgrave Macmillan UK
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Author: R. Hannesson ISBN: 9781137532008
Publisher: Palgrave Macmillan UK Publication: April 24, 2015
Imprint: Palgrave Pivot Language: English
Author: R. Hannesson
ISBN: 9781137532008
Publisher: Palgrave Macmillan UK
Publication: April 24, 2015
Imprint: Palgrave Pivot
Language: English
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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?

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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?

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