Public Spending in the 20th Century: A Global Perspective

ISBN-13: 9780521662918 / Angielski / Twarda / 2000 / 308 str.

Vito Tanzi; Ludger Schuknecht

Opis

This book discusses the changing role of government finance in the twentieth century. It documents the enormous increase in government spending throughout the 1900s across all industrialized countries. However, the authors find that the growth of the welfare state over the past thirty-five years has not brought about much additional social and economic welfare. This suggests that public spending in industrialized countries could be much smaller than today without sacrificing important policy objectives. For this to happen, governments need to refocus their role on setting the rules of the game, and the study provides a blueprint of institutional and expenditure policy reform.

Recenzje

'Widely regarded as the classic international study on the subject.' David B. Smith, Chief Economist, Williams de Broë

Spis treści

Part I. The Growth of Government: A Historical Perspective: 1. The growth of government since 1870; 2. The composition of public expenditure; 3. Revenue, deficits, and public debt; Part II. Gains from the Growth of Public Expenditure: 4. Historical evidence on government performance; 5. The size of government and its performance; 6. The experience of the newly-industrialized economies; Part III. The Role of the State and Government Reform: 7. Rethinking the role of the state; 8. Fiscal rules and institutions; 9. Blueprint for public expenditure reduction; Part IV. Recent Countries' Experiences in Reforming the Government: 10. Recent reform experience; 11. Fiscal reform in the public debate; 12. The future of public spending.