Measuring government in the twenty-first century : an international overview of the size and efficiency of public spending /

Measuring government in the twenty-first century : an international overview of the size and efficiency of public spending /

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Bibliographic Details
Author / Creator:Di Matteo, Livio, author.
Imprint:Vancouver [British Columbia] : Fraser Institute, [2013]
©2013.
Description:iii, 124 pages : illustrations 23 cm.
Language:English
Subject:
Finance, Public -- Canada.
Government spending policy -- Canada.
Expenditures, Public.
Finance, Public.
Government spending policy.
Canada -- Appropriations and expenditures.
Canada.
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/9898986
Hidden Bibliographic Details
Other authors / contributors:Fraser Institute (Vancouver, B.C.), publisher.
ISBN:9780889752740 (pbk.)
Notes:Includes bibliographical references (pages 103-117).
Summary:Government is the single most pervasive institution of modern life, with all facets affected by public sector activities. Over the last 100 years, government spending around the world has grown in terms of both spending percapita and share of national output. During the twentieth century, the relative size of government grew steadily, with surges during the two world wars. Figure 1.1 shows general government expenditure as a share of national output for the United States, Canada, and the United Kingdom from 1948 to 2011. In 1870, government spending to GDP ratios in these countries were well below 10 percent (Tanzi, 2011: 8), but those ratios had more than tripled by the end of the twentieth century and have continued to grow in the first decade of the twenty-first century.

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