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

ISBN: 0521809673

ISBN13: 9780521809672

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: Hardcover

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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 on...

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