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Debt Default and Democracy (Hardcover) Loot Price: R3,142
Discovery Miles 31 420
Debt Default and Democracy (Hardcover): Giuseppe Eusepi, Richard E. Wagner

Debt Default and Democracy (Hardcover)

Giuseppe Eusepi, Richard E. Wagner

Series: New Thinking in Political Economy series

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Loot Price R3,142 Discovery Miles 31 420 | Repayment Terms: R294 pm x 12*

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The original essays 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. The authors explore public debt along two distinct but complementary analytical paths. One path concerns microeconomic aspects of public debt as it emerges through budgetary processes where individuals respond to the costs and gains of different courses of action. The other concerns the systemic properties of rational individual acting within a democratic system of political economy. Within this scheme of thought, the two levels of analysis are integrated by recognition that efforts to control macro-level outcomes must address the micro-level circumstances and conditions that promote public debt as systemic budgetary outcomes. Scholars and students, as well as policy makers in public debt and political economy, will find this critical resource invaluable to understanding this vital issue. Contributors include: A. Alupoaiei, F. Balassone, G. Brennan, S. Cecchetti, M. Cecioni, M. Cioffi, W. Cornacchia, F. Corneli, F. Dragu, G. Eusepi, E. Longobardi, K. Mause, F. Neagu, A. Pedone, A. Rieck, L. Schuknecht, G. Semeraro, L. Voinea, R.E. Wagner

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Series: New Thinking in Political Economy series
Release date: May 2018
Editors: Giuseppe Eusepi • Richard E. Wagner
Dimensions: 234 x 156mm (L x W)
Format: Hardcover
Pages: 224
ISBN-13: 978-1-78811-792-0
Categories: Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Economics > Microeconomics > General
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
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LSN: 1-78811-792-1
Barcode: 9781788117920

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