Public Debt and the Birth of the Democratic State

Public Debt and the Birth of the Democratic State

Einband:
Fester Einband
EAN:
9780521809672
Untertitel:
France and Great Britain, 1688-1789
Genre:
Politikwissenschaft
Autor:
David Stasavage
Herausgeber:
Cambridge University Press
Anzahl Seiten:
224
Erscheinungsdatum:
23.02.2008
ISBN:
0521809673

Develops new theory about the link between debt and democracy.

Klappentext
Develops new theory about the link between debt and democracy.

Zusammenfassung
This book develops new theory about the link between debt and democracy and applies it to a classic historical comparison: Great Britain in the eighteenth century which had strong representative institutions and sound public finance vs. ancient regime France, which had neither.

Inhalt
1. Introduction; 2. A model of credible commitment under representative government; 3. Historical background: sovereign borrowing in Europe before 1688; 4. Trends in French and British sovereign borrowing 168989; 5. Partisan politics and public debt in Great Britain: 168989; 6. Partisan politics and public debt in France: 168989; 7. Stability of representative institutions in France and Great Britain; 8. Conclusion.


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