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Evaluates the extent to which public expenditure in Britain after 1970 experienced a break with post-war trends. It shows how the changes in expenditure were related to changes in public policy.
The question of public expenditure has proved to be one of the perennial problems for British Governments. Given forecasts of low growth and record levels of unemployment, the present Government could be faced with dilemmas of greater magnititude than ever. This new edition of Maurice Mullard's book has been carefully revised to provide students with an accessible text. It is principally concerned with explaining the political contexts in which public expenditure decisions have had to be made over the last twenty years. It examines the way in which Governments make choices according to public pressure and the fact that bargains and compromises have to be made in order to maintain political credibility. Maurice Mullard provides examples of the way in which Government policy and individual expenditure programmes have been shaped according to the political climate. The text combines theoretical framworks with policy analysis. This edition contains new chapters on Conservative and Labour politics and a section on John Major's government.
Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly as the competition for limited public resources intensifies.By providing a framework for defining and analyzing public expenditureproductivity and unproductive expenditures, this pamphlet discusseshow economic policymakers may approach these issues.