Fiscal Institutions and Fiscal Performance.
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Author / Creator: | Poterba, James M. |
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Imprint: | Chicago : University of Chicago Press, 1999. |
Description: | 1 online resource (402 pages). |
Language: | English |
Series: | National Bureau of Economic Research Conference Report National Bureau of Economic Research conference report. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/11347242 |
Summary: | The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country.<br> <br> Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This collection brings together new theoretical models, empirical evidence, and a series of in-depth case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides a fascinating overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits.<br> <br> |
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Physical Description: | 1 online resource (402 pages). |
ISBN: | 9780226676302 0226676307 |