Ludger Schuknecht

Public Spending and the Role of the State

• Gebundenes Buch

Produktbeschreibung

This book presents a holistic, comprehensive discussion of a highly relevant topic in economics: public expenditure, its history, value for money, related risks and remedies. It discusses the arguments and facts in a non-technical manner, with many tables and charts, for students, professionals and the interested public alike.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 304
• Erscheinungstermin: 12. November 2020
• Englisch
• Abmessung: 232mm x 157mm x 24mm
• Gewicht: 562g
• ISBN-13: 9781108496230
• ISBN-10: 1108496237
• Artikelnr.: 59920833

Autorenporträt

Ludger Schuknecht is co-author of Public Spending in the 20th Century (2000), previously working as Deputy Secretary General of the OECD and Chief Economist of the German Federal Ministry of Finance.

Inhaltsangabe

Introduction
Part I. The Growth of Government: 1. The Growth of Government Expenditure Over the Past 150 Years
2. The Composition of Expenditure
3. Financing Government
Part II. Value for Money: 4. Government Performance and Efficiency
5. Reforming Public Expenditure
6. The Optimal Size of Government
Part III. Fiscal Risks: 7. Social Expenditure and the Risk of 'Social Dominance'
8. Fiscal-Financial Risks 1: Interest Rate, Asset Markets and Real Economy Channels
9. Fiscal-Financial Risks 2: Bank, Shadow Bank, Central Bank and International Channels
Part IV. Remedies: 10. Rules and Institutions
11. Conclusions and Epilogue
Table of Data Sources
Bibliography
Index.