Flirting with disaster : explaining excessive public debt accumulation in Italy and Belgium

The sovereign debt-­‐crises that recently unfolded in Europe highlight how incompletely we understand why prosperous developed countries persistently accumulate debt even in the face of risk of fiscal turmoil. Scholarly research explored why countries run deficits, but it remains unexplained why cou...

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Bibliographic Details
Main Author: Barta, Zsófia
Published: London School of Economics and Political Science (University of London) 2011
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.550763