Economic Politics: The Costs of Democracy - Hardcover

William R. Keech

Hardcover

ISBN 10: 0521462061 ISBN 13: 9780521462068

Verlag: Cambridge University Press, 1995

Inhaltsangabe

This book raises and addresses questions about the consequences of democratic institutions for economic performance.

Über diesen Titel

Von der hinteren Coverseite

This book raises and addresses questions about the consequences of democratic institutions for economic performance. Do institutions of accountability inside and outside government through periodic elections produce desired results? Do they lead to manipulation of the economy over an electoral cycle, or to the pursuit of partisan goals at odds with a general societal interest? Drawing upon concrete and observable experience in the United States and occasional reference to other countries, Professor Keech suggests that there are costs of democratic procedures. But these costs are modest and bearable, and similar to the agency costs incurred whenever a principal delegates authority to an agent. Democracy does not systematically cause inferior macroeconomic policy. This inaccessible synthesis and sharp perspective on a large topical literature will be highly useful for professionals, graduate students, upper-level undergraduates, and interested citizens aiming to understand the relationship between politics and economics.

Details zur Ausgabe

• Verlag: Cambridge University Press
• Erscheinungsdatum: 1995
• Sprache: Englisch
• ISBN 10: 0521462061
• ISBN 13: 9780521462068
• Einband: Gebundene Ausgabe
• Auflage: 1
• Anzahl der Seiten: 256
• Kontakt zum Hersteller: preigu GmbH & Co. KG; mail@preigu.de; ; Lengericher Landstr. 19; Osnabrück; Niedersachsen; 49078; Deutschland