Public Spending and the Role of the State - History, Performance, Risk and Remedies

List of contents

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.

About the author

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.

Product details

• Authors: Ludger Schuknecht, Schuknecht Ludger
• Publisher: Cambridge University Press Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 12.11.2020
• EAN: 9781108791700
• ISBN: 978-1-108-79170-0
• No. of pages: 260
• Dimensions: 155 mm x 232 mm x 16 mm
• Subjects: Non-fiction book; Social sciences, law, business > Business > Economics; Economics, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / Economics / Macroeconomics, macroeconomics, Business studies: general, Monetary Economics