In The Red : The Politics of Public Debt Accumulation in Developed Countries
eBook - PDF

In The Red : The Politics of Public Debt Accumulation in Developed Countries

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

In The Red : The Politics of Public Debt Accumulation in Developed Countries

About this book

Why do rich countries flirt with fiscal disaster? Why did affluent countries – like Belgium, Greece, Italy or Japan – persistently accumulate so much debt between the 1970s and the 2000s, in times of peace and prosperity, that they became vulnerable and exposed themselves to the risk of default? In the past three decades, an extensive scholarly consensus emerged around the view that the answer is fiscal indiscipline, the lack of sufficient concern for budgetary constraints from policy makers as they try to please voters. Zsófia Barta argues that explaining why some countries accumulate substantial amounts of debt for decades hinges on understanding the conditions required to allow policy makers to successfully put into place painful adjustment measures.

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Yes, you can access In The Red : The Politics of Public Debt Accumulation in Developed Countries by Zsófia Barta in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & International Relations. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Contents
  2. List of Illustrations
  3. List of Abbreviations
  4. Acknowledgments
  5. One. The Puzzle of Relentlessly and Alarmingly Growing Debt
  6. Two. Fiscal Polarization, International Exposure, and Sustained Debt Accumulation
  7. Three. Evolving Social Coalitions, Intense Polarization, and Moderate Exposure: Italy
  8. Four. Fiscal Discord and Accord in Open Economies: Belgium versus Ireland
  9. Five. Fiscal Discord in Closed Economies: Greece and Japan
  10. Six. Variations on Three Themes: Social Coalitions, Fiscal Polarization, and International Exposure
  11. Notes
  12. References
  13. Index