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Debt, Development, and Democracy

2018-06-05 Political Science
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Release : 2018-06-05
Genre : Political Science
Kind : eBook
Book Rating : 766/5 ( reviews)

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Book Synopsis Debt, Development, and Democracy by : Jeffry A. Frieden

Download or read book Debt, Development, and Democracy written by Jeffry A. Frieden. This book was released on 2018-06-05. Available in PDF, EPUB and Kindle. Book excerpt: In the 1970s and 1980s the countries of Latin America dealt with their similar debt problems in very different ways--ranging from militantly market-oriented approaches to massive state intervention in their economies--while their political systems headed toward either democracy or authoritarianism. Applying the tools of modern political economy to a developing-country context, Jeffry Frieden analyzes the different patterns of national economic and political behavior that arose in Argentina, Brazil, Chile, Mexico, and Venezuela. This book will be useful to those interested in comparative politics, international studies, development studies, and political economy more generally. "Jeffry Frieden weaves together a powerful theoretical framework with comparative case studies of the region's five largest debtor states. The result is the most insightful analysis to date of how the interplay between politics and economics in post-war Latin America set the stage for the dramatic events of the 1980s."--Carol Wise, Center for Politics and Policy, Claremont Graduate School

Deficits, Debt, and Democracy

2012-01-01 Business & Economics
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Release : 2012-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 600/5 ( reviews)

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Book Synopsis Deficits, Debt, and Democracy by : Richard E. Wagner

Download or read book Deficits, Debt, and Democracy written by Richard E. Wagner. This book was released on 2012-01-01. Available in PDF, EPUB and Kindle. Book excerpt: This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty. Not all commons settings have tragic outcomes, of course, but tragic outcomes loom large in democratic processes because they entail conflict between two very different forms of substantive rationality; the political and market rationalities. These are both orders that contain interactions among participants, but the institutional frameworks that govern those interactions differ, generating democratic budgetary tragedies. Those tragedies, moreover, are inherent in the conflict between the different rationalities and so cannot be eliminated. They can, as this book argues, be reduced by restoring a constitution of liberty in place of the constitution of control that has taken shape throughout the west over the past century. Economists interested in public finance, public policy and political economy along with scholars of political science, public administration, law and political philosophy will find this book intriguing.

A Free Nation Deep in Debt

2006-05-22 Business & Economics
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Release : 2006-05-22
Genre : Business & Economics
Kind : eBook
Book Rating : 326/5 ( reviews)

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Book Synopsis A Free Nation Deep in Debt by : James MacDonald

Download or read book A Free Nation Deep in Debt written by James MacDonald. This book was released on 2006-05-22. Available in PDF, EPUB and Kindle. Book excerpt: For the greater part of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. In A Free Nation Deep in Debt, James Macdonald provides a novel answer for how and why this political transformation occurred. The pressures of war finance led ancient states to store up treasure; and treasure accumulation invariably favored autocratic states. But when the art of public borrowing was developed by the city-states of medieval Italy as a democratic alternative to the treasure chest, the balance of power tipped. From that point on, the pressures of war favored states with the greatest public creditworthiness; and the most creditworthy states were invariably those in which the people who provided the money also controlled the government. Democracy had found a secret weapon and the era of the citizen creditor was born. Macdonald unfolds this tale in a sweeping history that starts in biblical times, passes via medieval Italy to the wars and revolutions of the seventeenth and eighteenth centuries, and ends with the great bond drives that financed the two world wars.

Debt Default and Democracy

2018 Business & Economics
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Release : 2018
Genre : Business & Economics
Kind : eBook
Book Rating : 93X/5 ( reviews)

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Book Synopsis Debt Default and Democracy by : Giuseppe Eusepi

Download or read book Debt Default and Democracy written by Giuseppe Eusepi. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: The original chapters in this book connect the microeconomic and macroeconomic approaches to public debt. Through their thought-provoking views, leading scholars offer insights into the incentives that individuals and governments may have in resorting to public debt, thereby promoting a clearer understanding of its economic consequences.

Public Debt

2017-06-30 Business & Economics
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Release : 2017-06-30
Genre : Business & Economics
Kind : eBook
Book Rating : 046/5 ( reviews)

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Book Synopsis Public Debt by : Giuseppe Eusepi

Download or read book Public Debt written by Giuseppe Eusepi. This book was released on 2017-06-30. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. This book provides an alternative orientation that explains why concepts of public debt that are relevant for authoritarian regimes are not relevant for democratic regimes. Using methodological individualism and micro-economics, this book overcomes flaws inherent in the standard macro approach, according to which governments manipulate public debt to promote systemic stability. This unique analysis is grounded in the writings of Antonio de Viti de Marco, injecting current analytical contributions and formulations into the framework to offer a forthright insight into public debt and political economy.

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