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Size and Role of Government

Author : Marc Labonte
Publisher : DIANE Publishing
Page : 30 pages
File Size : 33,70 MB
Release : 2010-11
Category : Political Science
ISBN : 1437937128

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The size of gov¿t. has increased significantly since the financial crisis of 2008 as a result of the government¿s unplanned intervention in financial markets and subsequent stimulus legislation. Contents of this report: (1) How Does the Gov¿t. Affect the Economy?; (2) How Large is the Gov¿t.?; (3) Effect of the Gov¿t. on Economic Efficiency: What is a Market Failure?; Public Goods; Common Resources; Monopoly Power; Externalities; Asymmetric Information; Failure to Optimize; How Do Taxes Affect Economic Efficiency?; Balancing Economic Efficiency With Other Goals; (4) Effect of the Gov¿t. on Economic Growth: Effect of Spending, Transfers, Taxes, and Regulation. Charts and tables.

The True Size of Government

Author : Paul Charles Light
Publisher : Brookings Institution Press
Page : 272 pages
File Size : 31,70 MB
Release : 1999
Category : Political Science
ISBN : 9780815752660

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In this book-- the first that attempts to establish firm estimates of the shadow work force-- Paul C. Light explores the reasons why the official size of the federal government has remained so small while the shadow of government has grown so large.

The Size and Role of Government

Author :
Publisher :
Page : 0 pages
File Size : 32,95 MB
Release : 2005
Category :
ISBN :

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Economic Issues Updated March 22, 2005 Marc Labonte Analyst in Macroeconomics Government and Finance Division Congressional Research Service ̃ The Library of Congress The Size and Role of Government: Economic Issues Summary The size and role of the government is one of the most fundamental and enduring debates in American politics. [...] The Size and Role of Government: Economic Issues The appropriate size and role of the government is one of the most fundamental and enduring debates in American politics. [...] The economic impact of regulation is probably the hardest and most contentious to measure of the four types of government economic activity.1 1 The term regulation is used in this report in the popular sense to encompass laws, mandates, and government regulations that affect commerce. [...] CRS-3 ! The size of the government can be measured by expenditures (outlays) or revenues (receipts).4 At times when the budget deficit is large, the difference between the two measures is significant, as seen in Figure 1. Measured by receipts, the size of government in the post-war period peaked in 2000. [...] When state and local government spending is included, the decline in the size of the government since 1983 is smaller because of the corresponding increase in the size of state and local government.

How Big Should Our Government Be?

Author : Jon M. Bakija
Publisher : Univ of California Press
Page : 218 pages
File Size : 46,23 MB
Release : 2016-06-21
Category : Business & Economics
ISBN : 0520291824

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Can government help? -- Are government social programs bad for economic growth? -- Would a bigger government hurt the economy? -- Thinking sensibly about the size of government

Government versus Markets

Author : Vito Tanzi
Publisher : Cambridge University Press
Page : 391 pages
File Size : 39,77 MB
Release : 2011-05-16
Category : Political Science
ISBN : 1139499734

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Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.

Our American Government

Author :
Publisher :
Page : 138 pages
File Size : 38,83 MB
Release : 2003
Category : Electronic government information
ISBN :

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The Committee on House Administration is pleased to present this revised book on our United States Government. This publication continues to be a popular introductory guide for American citizens and those of other countries who seek a greater understanding of our heritage of democracy. The question-and-answer format covers a broad range of topics dealing with the legislative, executive, and judicial branches of our Government as well as the electoral process and the role of political parties.--Foreword.

Can We Determine the Optimal Size of Government?

Author : James A. Kahn
Publisher :
Page : 0 pages
File Size : 25,34 MB
Release : 2013
Category :
ISBN :

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The massive spending programs and new regulations adopted by many countries around the world in response to the economic crisis of 2008 have drawn renewed attention to the role of government in the economy. Studies of the relationship between government size and economic growth have come up with a wide range of estimates of the "optimal" or growth-maximizing size of government, ranging anywhere between 15 and 30 percent of gross domestic product (GDP). This paper argues that such an exercise is ill conceived. Modern growth economics suggests, first, that government policies leave their long-term impact primarily on the level of economic activity, not the growth rate; and, second, that the sources of this impact are multi-dimensional and not necessarily well measured by conventional measures of "size," such as the share of government spending in GDP. In fact, measures of economic freedom more closely relate to per capita GDP than do simple measures of government spending. The evidence shows that governments are generally larger than optimal, but because the available data include primarily countries whose governments are too large, it cannot plausibly say what the ideal size of government is. The data can realistically only say that smaller governments are better, and suggest that the optimal size of government is smaller than what we observe today.