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portada Public Debt and the Birth of the Democratic State Hardback: France and Great Britain 1688-1789 (Political Economy of Institutions and Decisions)
Type
Physical Book
Year
2003
Language
English
Pages
224
Format
Hardcover
Dimensions
23.4 x 16.1 x 1.9 cm
Weight
0.46 kg.
ISBN
0521809673
ISBN13
9780521809672

Public Debt and the Birth of the Democratic State Hardback: France and Great Britain 1688-1789 (Political Economy of Institutions and Decisions)

David Stasavage (Author) · Cambridge University Press · Hardcover

Public Debt and the Birth of the Democratic State Hardback: France and Great Britain 1688-1789 (Political Economy of Institutions and Decisions) - Stasavage, David

Physical Book

£ 86.41

  • Condition: New
Origin: Spain (Import costs included in the price)
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Synopsis "Public Debt and the Birth of the Democratic State Hardback: France and Great Britain 1688-1789 (Political Economy of Institutions and Decisions)"

Does establishing representative democracy increase commitment to repaying public debt? This book develops a new theory about the link between debt and democracy and applies it to a classic historical comparison: eighteenth century Great Britain (which had strong representative institutions and sound public finance) vs. ancien regime France (which had neither). The study asserts that whether representative institutions improve commitment depends on the opportunities for government creditors to form coalitions with other groups. It is relevant to developing country governments with implications for government policy where credibility is a concern.

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