Fiscal Policy Convergence from Reagan to Blair

Name: Fiscal Policy Convergence from Reagan to Blair
Brand: Taylor & Francis Ltd
Price: 289.75 AUD
Availability: BackOrder

The Left Veers Right

By: Arthur T. Denzau, Ravi K. Roy

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Hardcover | 30 October 2003 | Edition Number 1

At a Glance

Hardcover
174 Pages

Dimensions(cm)
23.4 x 15.6 x 1.91

Hardcover

RRP $336.00

$289.75

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It is often assumed that left-of-center governments in the US and Britain supported policies that would lead to ever-increasing public spending and higher taxes. Right-of-center governments, by way of contrast, are expected to support policies that reduce public spending and lower taxes. these characterizations were reinforced with the advent of Reaganomics and Thatcherite economic policy. Despite this assumption, the elections of Bill Clinton and Tony Blair in the 1990s saw the consolidation and completion of critical aspects of the Regan-Thatcher fiscal agenda. This impressive book critically-analyzes this process. It has been previously thought this process of adopting common fiscal policies was caused by economic integration and globalization,Fiscal Policy From Reagan to Blairreveals a much more comprehensive explanation--one that includes domestic factors. Whether fiscal policy conversion is seen as a good or a bad thing, this book shall unite both left and right in betterexplaining the process. Students and academics of international political economy, public policy and politics will find this book to be a good addition to thier reading lists.

Industry Reviews

"Ideas drove the convergence of American and British and conservative and New Left approaches to a restrained fiscal policy in the era of neo-liberalism. Ravi Roy's and Arthur Denzau's compelling, elegant, and concise argument makes us think about the likely course of divergence in policy approaches in an era of unrestrained fiscal policy and counter-terrorist warfare. This book speaks to core concerns of specialists, and will be a source of intellectual pleasure for interested general reader. Peter J. Katzenstein, Walter S. Carpenter Professor, Jr. of International Studies, Cornell University."

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