The Government Debt Iceberg

Author/creator Gokhale, Jagadeesh Author
Other author Institute of Economic Affairs (Great Britain) Staff.
Format Electronic
Publication InfoLondon : Institute of Economic Affairs Chicago : Independent Publishers Group [Distributor]
Description145 p. ill 07.750 x 05.250 in.
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation Nobody who has even a passing acquaintance with economics could fail to realize that Western governments are highly indebted. Current generations have been consuming at the expense of future generations. Governments are allowed to produce accounting information in such a cavalier fashion, using methods that would be illegal for private sector companies. Fortunately, though, scholars have been able to examine the detail of government policy and the financial commitments of future governments in order to determine just how indebted we are. This IEA publication brings such calculations to life by showing by how much spending will need to be cut and taxes raised in order to make the government's fiscal position sustainable. This work should be of interest to politicians, to students and teachers of economics and, indeed, all who are interested in public policy and the sustainability of Western economies.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9780255366663
ISBN0255366663 (Trade Paper) Forthcoming
Standard identifier# 9780255366663
Stock number00066101

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