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Political Transformations and Public Finances: Europe, 1650-1913

Dincecco, Mark Political Transformations and Public Finances: Europe, 1650-1913. Political Economy of Institutions and Decisions Series . Cambridge University Press. ISBN 9780521192330 (2011)

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How did today's rich states first establish modern fiscal systems? To answer this question, this book 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.

Item Type: Book
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HJ Public Finance
J Political Science > JN Political institutions (Europe)
Research Area: Economics and Institutional Change
Depositing User: Users 18 not found.
Date Deposited: 07 Feb 2011 11:02
Last Modified: 30 Sep 2011 08:00
URI: http://eprints.imtlucca.it/id/eprint/11

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