TY - BOOK AU - Bougrine,Hassan TI - The economics of public spending: debts, deficits, and economic performance SN - 1840643978 U1 - 336.3'9 PY - 2000/// CY - Cheltenham, UK PB - E. Elgar Pub. KW - Expenditures, Public KW - Government spending policy KW - Debts, Public KW - Budget deficits. KW - Fiscal policy. N1 - A collection of 8 papers presented at a conference underwritten by the Laurentian University, Canada; Includes bibliographical references and index N2 - 'The Economics of Public Spending' shows in clear and simple terms that the strategy of public sector downsizing is based on a misleading conception of public finance. The book dispels several myths about public deficits and debts, offering alternative approaches to fiscal and monetary policies. The contributors argue convincingly and authoritatively that the public sector is crucial for economic growth, that budget deficits are required for improving the performance of private sector and that there is a real need for an economic agenda based on public deficits and low stable real interest rates in order to achieve full employment with high wages, more generous social programmes and sustainable inflation. This fascinating and challenging book will be of a great interest to policymakers in government, academic researchers, public finance experts and economists ER -