This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic...
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Business Business & Investing Comparative Politics Democracy Economic Conditions Economic Policy Economic Policy & Development Economics Government Ideologies & Doctrines International Legal Theory & Systems Macroeconomics Non-US Legal Systems Political Economy Political Ideologies Political Science Politics & Government Politics & Social Sciences Popular Economics Public Policy