Public finance is a major feature of the development of modern
European societies, and it is at the heart of the definition of the
nature of political regimes. Public finance is also a most relevant
issue in the understanding of the constraints and possibilities of
economic development. This book is about the rise and development
of taxation systems, expenditure programs, and debt regimes in
Europe from the early nineteenth century to the beginning of World
War I. Its main purpose is to describe and explain the process by
which financial resources were raised and managed. The volume
presents studies of nine countries or empires that are considered
highly representative of the widest European experience on the
matter and discusses whether there are any common patterns in the
way the different European states responded to the need for raising
additional resources to pay for the new tasks they were performing.
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