Mark Dincecco

Political Transformations and Public Finances (eBook, ePUB)

Europe, 1650-1913

• Format: ePub

Produktbeschreibung

How did today's rich states first establish modern fiscal systems? To answer this question, Political Transformations and Public Finances by Mark Dincecco examines the evolution of political regimes and public finances in Europe over the long term. The book argues that the emergence of efficient fiscal institutions was the result of two fundamental political transformations that resolved long-standing problems of fiscal fragmentation and absolutism. States gained tax force through fiscal centralization and restricted ruler power through parliamentary limits, which enabled them to gather large tax revenues and channel funds toward public services with positive economic benefits. Using a novel combination of descriptive, case study and statistical methods, the book pursues this argument through a systematic investigation of a new panel database that spans eleven countries and four centuries. The book's findings are significant for our understanding of economic history and have important consequences for current policy debates.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 26. September 2011
• Englisch
• ISBN-13: 9781139124591
• Artikelnr.: 52836225

Autorenporträt

Mark Dincecco is an Assistant Professor in the Department of Political Science at the University of Michigan. His research and teaching interests include political economy, economic and political history, comparative politics, and public finance. He holds a PhD in economics from the University of California, Los Angeles, and has published in several academic journals.

Inhaltsangabe

1. Weak and strong states in historical perspective
2. Gaining force: from fragmentation to centralization
3. Restricting power: from absolutism to limited government
4. Political regimes and credit risk
5. Two mechanisms
6. Letting the data speak for themselves
7. Estimating the fiscal effects of political regimes
8. The institutional balance of modern fiscal states.

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1. Weak and strong states in historical perspective; 2. Gaining force: from fragmentation to centralization; 3. Restricting power: from absolutism to limited government; 4. Political regimes and credit risk; 5. Two mechanisms; 6. Letting the data speak for themselves; 7. Estimating the fiscal effects of political regimes; 8. The institutional balance of modern fiscal states.

Rezensionen

'Mark Dincecco has set a keystone atop the new literature seeking to explain the stark international differences in the modern rise of government financial capacity. We have long wondered whether government centralization and limitations on executive power have shaped the ability to wage war and to invest in modern economic growth. Previous authors have been forced to narrate within smaller, more constrained contexts, in search of easy natural experiments. Dincecco takes advantage of the very historical breaks that have constrained others. His structural-breaks perspective neatly captures both the unique and the general effects of institutional shocks. The book will command attention among all social scientists seeking a deeper understanding of the political and historical sources of government fiscal crises.' Peter H. Lindert, Distinguished Research Professor of Economics, University of California, Davis