Macroeconomic Policies of Developed Democracies
Publisher: Cambridge University Press
Published: February 11, 2002
Language: eng
Format: Paperback
Number of pages: 332
ISBN-13: 9780521004411
Subjects: Macroeconomics; Political economy; Political Ideologies - Democracy; Economic Conditions; Political Science; Business / Economics / Finance; Politics/International Relations; Public Policy - Economic Policy; Economics - Macroeconomics; Political Science / General; Democracy; Comparative economics; Economic policy
First sentence: The most striking features of the postwar history of macroeconomic policy in developed democracies are the dramatic and considerably common upward trend of transfer payments, the attendant increase in total fiscal activity, the sharp post-oil-crisis rise in public debt, and the strong shift toward antiinflationary monetary policy that followed.