This book is the first systematic study of how the interdependence of fiscal and monetary policies and the interaction of party governments and central banks affect the fiscal-policy mix in eighteen industrial democracies in North America, Western Europe, Japan and Oceania. Sakamoto argues that central banks' influence on economic policy is far more extensive than has been conventionally believed. He demonstrates that central banks systematically affect fiscal policy that is conducted by party governments, and that independent central banks restrain the latter's fiscal policy.
Sakamoto also demonstrates that the economic policy of industrial democracies did really change from the 1960s-1970s to the 1980s-1990s and became conservative as a result of the globalization of the economy and governments' response to it. But he argues that despite the neo-liberal policy shift, globalization has not diminished the role of domestic politics in economic policy.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Takayuki Sakamoto is assistant professor of political science at Southern Methodist University (USA).
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Gebunden. Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Takayuki Sakamoto is assistant professor of political science at Southern Methodist University (USA). This book is the first systematic study of how the interdependence of fiscal and monetary policies and the interaction o. N° de réf. du vendeur 594666474
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Etat : New. Argues that despite the neo-liberal policy shift, globalization has not diminished the role of domestic politics in economic policy. The author demonstrates that central banks systematically affect fiscal policy that is conducted by party governments, and that independent central banks restrain the latter's fiscal policy. Series: Routledge Frontiers of Political Economy. Num Pages: 368 pages, 83 black & white illustrations, 109 black & white tables, 83 black & white line drawings. BIC Classification: KCP. Category: (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 25. Weight in Grams: 657. . 2008. 1st Edition. hardcover. . . . . N° de réf. du vendeur V9780415774147
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