The Growth of the Public Sector
Theories and International Evidence
ISBN: 9781852785253
Format: Hardback
Publisher: Edward Elgar Publishing Ltd
This important new book offers fresh insights into the growth of the public sector in advanced and developing economies.
The economic causes and consequences of changes in the size of the public sector (especially changes in public expenditure) have fascinated economists from the time of Adam Smith. From the early 1960s, interest has focused particularly on changes in the share of national income devoted to public expenditure. This has exhibited a long…
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At a time when there is growing concern in many countries over the funding of expanding public sectors, this new book examines the economics of public sector growth. Several chapters document changes in the size of the public sector over recent decades for major OECD and Third World economies. Subsequent chapters then explore prominent explanations including public choice perspectives, bureaucracy models, relative price effects and Wagner's Law and assess their contribution to current knowledge. The book also provides a number of new case studies of specific government activities - education, health and social security.
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