TY - BOOK AU - Hannesson,R. ED - SpringerLink (Online service) TI - Debt, Democracy and the Welfare State: Are Modern Democracies Living on Borrowed Time and Money? SN - 9781137532008 AV - HD87-87.55 U1 - 338.9 PY - 2015/// CY - London PB - Palgrave Macmillan UK, Imprint: Palgrave Pivot KW - Economic policy KW - Public finance KW - Macroeconomics KW - Democracy KW - Welfare state KW - Welfare economics KW - Economic Policy KW - Public Economics KW - Macroeconomics/Monetary Economics//Financial Economics KW - Politics of the Welfare State KW - Social Choice/Welfare Economics/Public Choice/Political Economy N2 - Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate? UR - https://s443-doi-org.br.lsproxy.net/10.1057/9781137532008 ER -