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Public Debt and the Birth of the Democratic State: France and Great Britain
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Public Debt and the Birth of the Democratic State: France and Great Britain 1688-1789 Hardcover - 2003

by David Stasavage


From the publisher

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 the opportunities for government creditors to form coalitions with other groups. It is relevant to developing country governments with implications for government policy where credibility is a concern.

First line

My empirical focus on Britain and France is motivated by the fact that it has become popular to contrast the financial experiences of these two countries during the eighteenth century.

Details

  • Title Public Debt and the Birth of the Democratic State: France and Great Britain 1688-1789
  • Author David Stasavage
  • Binding Hardcover
  • Pages 224
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Date 2003-04-28
  • Features Bibliography, Dust Cover, Index, Table of Contents
  • ISBN 9780521809672 / 0521809673
  • Weight 1.01 lbs (0.46 kg)
  • Dimensions 9.2 x 6.32 x 0.74 in (23.37 x 16.05 x 1.88 cm)
  • Library of Congress subjects Europe - Politics and government - 1648-1789, Debts, Public - Europe - History
  • Library of Congress Catalog Number 2002031583
  • Dewey Decimal Code 336.410
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