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Debt, Democracy and the Welfare State are Modern Democracies Living on Borrowed Time and Money?

by Hannesson, Rögnvaldur
Series: Palgrave Pivot Edition statement:1st Published by : Palgrave Macmillan (Houndsmill, Basingstoke) Physical details: vi,115 Pages 22x14 cm | HB ISBN:9781137532015. Year: 2015
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Item type Current location Call number Status Date due Barcode
Books Books General Stacks 336.0109051 H233D 2015 (Browse shelf) Available 32296

Include Appendix and Index

Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?

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