Sustaining Domestic Budget Deficits in Open Economies

"Sustaining Domestic Budget Deficits in Open Economies," authored by Taylor & Francis Ltd, delves into the critical challenges posed by budget deficits in modern economies, particularly focusing on the UK and USA. Published in 1989, this insightful hardback edition spans 224 pages, providing a comprehensive economic framework that examines the implications of substantial bond-financed deficits. The book expertly analyzes how these deficits can affect the overall economy, offering readers a clear understanding of their impact in an open economic context. Ideal for economists, policymakers, and students alike, this essential resource serves as a thought-provoking guide to the complexities of budgetary management. Enhance your library with this foundational text that remains relevant in discussions around fiscal policy today.