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The State : Economic Approach of Constraints and Liberty

The article looks at the way Economics analyses the constraints that
limit the action of the state. The budgetary constraint dictates that
the sum of public spending should be inferior or equal to government
revenue, in a timeless manner. The article then looks at the debates that
emerged, around the work of Keynes and his followers, regarding the
importance of the budgetary constraint and the possibility of avoiding
it. One of these debates regards the taking into account of the behaviour
of agents who anticipate public action and, thereby, limit it and create
the grounds for a new constraint, i.e. self-constraint. Another debate
deals with the issue of tax competition and globalization, which represent
a new constraint on public action. Finally, New Public Management
leads to a renewed analysis of the constraint on the state’s
margins for maneuver.

français

Référence électonique : Maya BACACHE-BEAUVALLET, "The State : Economic Approach of Constraints and Liberty", Pouvoirs, revue française d’études constitutionnelles et politiques, n°142, 142 - Les Etats sous la contrainte économique, p.21-31 . Consulté le 2019-09-22 04:03:07 . URL : https://revue-pouvoirs.fr/The-State-Economic-Approach-of.html