Articles liés à Fiscal Institutions and Fiscal Performance

Fiscal Institutions and Fiscal Performance - Couverture rigide

Livre 53 sur 138: National Bureau of Economic Research Conference Report
 
9780226676234: Fiscal Institutions and Fiscal Performance

Synopsis

The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country.

Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This collection brings together new theoretical models, empirical evidence, and a series of in-depth case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides a fascinating overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits.

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À propos de l'auteur

James M. Poterba is the Mitsui Professor of Economics at MIT and president and CEO of the NBER.

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