| The Means to Prosperity: Fiscal Policy Reconsidered Contributor(s): Berglund, Per Gunnar (Editor), Vernengo, Matias (Editor) |
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ISBN: 0415701562 ISBN-13: 9780415701563 Publisher: Routledge OUR PRICE: $109.25 Product Type: Hardcover - Other Formats Published: November 2005 Annotation: A void has emerged in discussion of fiscal policy. While recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true about fiscal policy. Issues such as its timing, cyclical adjustments, long-term sustainability, and its social implications are often seen as detached from discussions in the public sphere. This book fills this space. It delivers a keen assessment of the role and scope of current fiscal policy New contributions and critical reviews of state-of-the-art research analyze fiscal policy in terms of its viability, its potency, its consequences and its sustainability, and also shed light on its relation to economic and political ideas. The book includes contributions from a host of top names including Barbara Bergmann, Jeffrey Frankel and David Colander. It is a major new contribution to the field. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Macroeconomics |
| Dewey: 339.52 |
| LCCN: 2005000799 |
| Series: Routledge International Studies in Money and Banking |
| Physical Information: 1" H x 6.2" W x 9.2" (1.45 lbs) 366 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: While recent developments in monetary theory have been fast to spread to policy analysis and practice and the media, the same is not true of fiscal policy, and a void has emerged. Issues such as timing, cyclical adjustments, long-term sustainability, and social implications are often seen as detached from discussions in the public arena. This book fills this gap. It delivers a keen assessment of the role and scope of current fiscal policy. New contributions and critical reviews of state of the art research analyze fiscal policy in terms of viability, potency, consequences and sustainability, and also shed light on its relation to economic and political ideas. The general tone of this volume is cautiously favourable of fiscal activism, although the emphasis is placed more on medium-term adjustments than on short-term 'fine-tuning'. The authors believe that the legacy of the last fiscal revolution has been an excessively negative view of deficits and debt, and believe that this volume will contribute to open a dialogue on fiscal issues, and bring back a more balanced view of fiscal policy. With contributions from leading authorities including Barbara Bergmann, Jeffrey Frankel and David Colander, this is a major new contribution to the field. |