Debt, Democracy and the Welfare State : Are Modern Democracies Living on Borrowed Time and Money?
Book Details
Format
Hardback or Cased Book
ISBN-10
1137531991
ISBN-13
9781137531995
Publisher
Palgrave Macmillan
Imprint
Palgrave Pivot
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 24th, 2015
Print length
115 Pages
Ksh 8,100.00
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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?
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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