Macroeconomic Policies of Developed Democracies (Cambridge Studies in Comparative Politics)
Publisher: Cambridge University Press
Published: February 25, 2002
Language: eng
Format: Hardcover
Number of pages: 332
ISBN-13: 9780521802949
Subjects: International economics; Macroeconomics; Political economy; General; Economic Conditions; Political Science; Business / Economics / Finance; Politics/International Relations; 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.