ENGLISH

Trimming the Sails: The Comparative Political Economy of Expansionary Fiscal Consolidations

By Istvan Benczes

Book information

Publisher
Central European University Press
Year
2008
ISBN
9786155211324
DOI
10.1515/9786155211324
Language
english
Format
PDF
Filesize
3 MB (2993602 bytes)
Pages
270\274
Library
degruyter.com
Time added
2023-08-23 06:04:02

Description

The book provides a clear, multidisciplinary and systematic analysis of the relatively new concept of the so-called expansionary fiscal consolidations. This concept suggests that fiscal adjustment should not be in trade-off with economic growth if certain conditions are met. But why do only a few countries and only at certain times experience the expansionary effects, while others not at all? The necessary institutional conditions and circumstances have been totally neglected in the literature, or analyzed only partially at best.

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