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Public Spending in the 20th Century: A Global Perspective Book
This book discusses the changing role of government finance in the 20th century. It documents the enormous increase in government spending throughout the 1900s across all industrialized countries. However, the authors find that the growth of the welfare state over the past 35 years has not brought about much additional social and economic welfare. This suggests that public spending in industrialized countries could be much smaller than today without sacrificing important policy objectives. For this to happen, governments need to refocus their role on setting the rules of the game, and the study provides a blueprint of institutional and expenditure policy reform.Read More
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- 0521662915
- 9780521662918
- Vito Tanzi, Ludger Schuknecht
- 5 June 2000
- Cambridge University Press
- Hardcover (Book)
- 291
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