Bibliograph

In the red, the politics of public debt accumulation in developed countries, Zsófia Barta

Type

Label

In the red, the politics of public debt accumulation in developed countries, Zsófia Barta

Language

eng

Bibliography note

Includes bibliographical references and index

Index

index present

Literary Form

non fiction

Main title

In the red

Nature of contents

bibliography

Oclc number

1012343957

Responsibility statement

Zsófia Barta

Sub title

the politics of public debt accumulation in developed countries

Summary

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. Zsf̤ia 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

Creator