Public Spending in the 20th Century: A Global Perspective

by Vito Tanzi

2020-12-29 10:05:31

This book discusses the changing role of government finance in the twentieth 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... Read more
This book discusses the changing role of government finance in the twentieth 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 thirty-five 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. Less

Book Details

File size9.02 X 5.98 X 0.71 in
Print pages308
PublisherCambridge University Press
Publication date June 5, 2000
LanguageEnglish
ISBN9780521664103
Author
Dr Vito Tanzi has a Harvard PhD in Economics, which he received in 1967. He was Professor of Economics at the American University (1967-76), Head of the Tax Policy Division at the IMF (1974-1981), Pre...

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