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Paperback Public Debt and the Birth of the Democratic State: France and Great Britain 1688-1789 Book

ISBN: 0521071275

ISBN13: 9780521071277

Public Debt and the Birth of the Democratic State: France and Great Britain 1688-1789

(Part of the Political Economy of Institutions and Decisions Series)

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Format: Paperback

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Book Overview

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...

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