丛书名:Political Economy of Institutions and Decisions
作者:David Stasavage
文件大小:2.58MB
文件类型:文字PDF
语言:英语
出版:Cambridge University Press,2003年
页数:223
书签:无
内容简介:
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.