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Why we need public spending

Why we need public spending

Hall, David (2010) Why we need public spending. Project Report. PSIRU, University of Greenwich, Greenwich, UK.

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Abstract

Public spending plays a vital positive role in economic and social development, contrary to rightwing political views. It supports half the jobs in the world - twice as many in the private sectro as in the public sector - and is crucial for investment in infrastructure, the provision of key services, and creating greatere equality. It is also the main way of financing action on climate change. Deficits have arisen because of the need to deal with the economic crisis, and because companies are failing to pay their fair share of tax burdnen. The IMF's call for deep cuts in spending should be resisted.

Item Type: Monograph (Project Report)
Uncontrolled Keywords: public spending, taxation, deficits, International Monetary Fund, IMF
Subjects: H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Faculty / Department / Research Group: Faculty of Business > Public Services International Research Unit (PSIRU)
Related URLs:
Last Modified: 14 Oct 2016 09:14
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/5300

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