Budget Deficits and Debt A Global Perspective

Name: Budget Deficits and Debt A Global Perspective
Price: 101.66 USD
Availability: InStock
ISBN: 9780275957124

ISBN-10: 0275957128

ISBN-13: 9780275957124

Edition: 1998

Authors: Siamack Shojai

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This edited collection is a critical evaluation of the impact of fiscal imbalances on the economy of industrialized and developing countries as prepared by a diverse group of scholars involved in advanced research on public finance. Technical issues, economic consequences and the political economy of budget deficits and government debt are covered in one succinct volume. The work provides a balanced presentation of neo-classical views on measures of government deficits; the budget process and major budgetary legislation in the United States; and the impact of deficits on economic activity, exchange rates, inflation, financial markets, trade balance, and economic growth. It also examines the…

Book details

Copyright year: 1998
Publisher: ABC-CLIO, LLC
Publication date: 1/30/1999
Binding: Hardcover
Pages: 208
Size: 6.14" wide x 9.21" long x 0.50" tall
Weight: 1.034
Language: English



Preface


Introduction




Technical Aspects of Budget Deficits



Measures of Budget Deficits and National Debt




The Federal Budget Process in the United States




Major Federal Budget Laws of the United States




A Historical Perspective on the Size of Deficits and Debts in OECD Countries




The Economic Consequences of Budget Deficits



Budget Deficits and Economic Activity




Fiscal Imbalances and the Exchange Rates




Do Deficits Matter? A Review of the Deficit and Inflation Debate




Budget Deficits and Financial Markets




The Twin Deficits: Fiscal Imbalances and Trade Deficits




Economic Growth and Fiscal Imbalances




The Political Economy of Deficits



The Welfare State and Entitlements: Resisting Retrenchment in the 1990s




Wherefore a Prudent Fiscal Policy?




The Size, Nature, and Causes of Budget Deficits in Developing Countries




The Budget Process and Fiscal Imbalances in the New South Africa



Bibliographical Essay: A Selective Guide to Information Sources



Index


About the Editor and Contributors