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Public Debt And The Birth Of The Democratic State France And Great Britain 16881789 Political Economy Of Institutions And Decisions David Stasavage

SKU: BELL-1295400

Public Debt And The Birth Of The Democratic State France And Great Britain 16881789 Political Economy Of Institutions And Decisions David Stasavage

$ 31.00 ~~$ 45.00~~ (-31%)

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Public Debt And The Birth Of The Democratic State France And Great Britain 16881789 Political Economy Of Institutions And Decisions David Stasavage instant download after payment.

Publisher: Cambridge University Press

File Extension: PDF

File size: 2.58 MB

Pages: 223

Author: David Stasavage

ISBN: 9780511064128, 9780521809672, 0511064128, 0521809673

Language: English

Year: 2003

Product desciption

Public Debt And The Birth Of The Democratic State France And Great Britain 16881789 Political Economy Of Institutions And Decisions David Stasavage by David Stasavage 9780511064128, 9780521809672, 0511064128, 0521809673 instant download after payment.

Does establishing representative democracy increase commitment to repaying public debt? This book develops a new theory about the link between debt and democracy and applies it to a classic historical comparison: eighteenth century Great Britain (which had strong representative institutions and sound public finance) vs. ancien regime France (which had neither). The study asserts that whether representative institutions improve commitment depends on the opportunities for government creditors to form coalitions with other groups. It is relevant to developing country governments with implications for government policy where credibility is a concern.