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The book explores whether fiscal policies can secure full employment without inflation, one of the key questions in economics after Keynes. Part 1, General Theory of Public Finance and Fiscal Policy, discusses Ends and Means in economic policy. The results of this ends-means analysis are applied to fiscal policy. Part 2, Microeconomics, deals with the impact of fiscal measures on the behaviour of the individual household, firm and other organization, concentrating on the effects on consumption and saving. Part 3, Macroeconomics, considers how the problem of keeping the price-level cons

Finance, Public. --- Cameralistics --- Public finance --- Currency question --- Public finances

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Finance, Public. --- Cameralistics --- Public finance --- Public finances --- Currency question

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Le vote et la mise en œuvre de la loi organique relative aux lois de finances du 1er août 2001 ont rappelé l’importance de la régulation et de la gestion des finances publiques. Pour ses promoteurs, la LOLF introduirait de manière inédite des préoccupations managériales dans le droit budgétaire et comptable, volontiers présenté comme peu soucieux de considérations d’efficacité ou d’efficience. Cette actualité de la LOLF incite l’historien, le juriste ou le politiste à prendre de la distance en réinscrivant ces mutations dans la longue durée. À travers une série d’études inédites, cet ouvrage retrace l’histoire mal connue des principes, des règles, des instruments et des pratiques qui ont façonné le droit budgétaire et compta ble tout au long du XIXe siècle, depuis sa refondation sous la Restauration jusqu’au début de la Première Guerre mondiale. Comment et à travers quels enjeux sont produites les normes du droit budgétaire et comptable ? Quels débats de doctrine suscitentelles ? Que nous apporte la perspective historique pour (re)penser les relations entre la mise en place d’un droit des finances publiques et les préoccupations gestionnaires ? Quelles pratiques ce droit génère-t-il ? Telles sont les grandes questions auxquelles s’efforce de répondre ce livre sur la période 1815-1914. Les analyses et hypothèses avancées dans l’ouvrage sont issues de la confrontation féconde de plusieurs champs disciplinaires, l’histoire, le droit et la science politique. Premier tome d’une « Histoire de la gestion des finances publiques de 1815 à nos jours », ce volume contribue à une histoire de l’État qui s’inscrit au cœur d’un dialogue passé-présent et qui suit le fil riche et complexe du développement de la gestion des finances publiques. The passing and the implementation of the constitutional bylaw on budget acts [LOLF] of 1 August 2001 reminded us of the importance of the regulation and management of public finances. For its sponsors, the LOLF was an unprecedented move to…

Finance, Public --- Political Science --- Law, Politics & Government --- Public Finance --- History --- Cameralistics --- Public finance --- Public finances --- Currency question --- public finances

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Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procyclicality after reviewing theoretical and empirical evolution of the research. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy. If the government can control the political behavior, normally, the optimal budget deficit should rise in a recession as a first-best case; however, interestingly, a recession does not necessarily prompt an increase in the budget deficits in a second-best political economy. The response of the budget deficits to income fluctuations mainly depends on the efficiency of political effort, which may correspond to the degree of democracy and bureaucratic efficiency of the governments. We test the prediction of the pro-cyclical fiscal policy and find it applicable for democratic countries with semi-efficient governments including Japan.

Public finance. --- Asia-Economic conditions. --- Public Economics. --- Asian Economics. --- Cameralistics --- Public finance --- Currency question --- Public finances

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New York City has the largest council-sponsored Participatory Budgeting (PB) processes in North America. From its inception in Brazil, PB was a process that empowered the least-advantaged members of the community by providing a way to propose budget allocations through voting. This book reports on a multi-methodological study of New York City’s participatory budgeting (PB) process from the perspective of a city resident over time. A participatory budgeting slogan purports that the initiative offers “real power” and “real money” to constituents at a local level. To critically examine such top-down assertions, and different than much that has been written about PB, this book researches and navigates its events the way a member of the community would see it. The study reveals a lack of transparency, manipulation by city agencies, the favorable treatment of insider proposed projects, and a failure to reveal the basis of project costs. It also finds that there is no singular participatory budgeting project in New York City. Instead, there are numerous participatory budget projects, as many as there are council members who engage in the practice. This book provides a ground-level view of these limitations and recommends substantial reform.

Finance, Public. --- Public policy. --- Public Finance. --- Public Policy. --- Cameralistics --- Public finance --- Public finances --- Currency question --- Budget