Borrowing to invest: Why the people in Germany and the UK do not prioritise fiscal responsibility.
Despite different national debt levels, centre–right and centre–left politicians in Germany and the UK embrace fiscally restrictive approaches to state spending that have been criticised for their detrimental impact on needed public investments. This paper expands the critique beyond the economic an...
| Publicado en: | Cambridge Journal of Economics Vol. 50; no. 3; pp. 515 - 543 |
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| Formato: | Artículo |
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Oxford University Press / USA
May2026
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=194186929&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 194186929 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 0309166X CEC jtl: Cambridge Journal of Economics issn: 0309166X maglogo: N pubinfo: dt: May2026 vid: 50 iid: 3 pid: 622 pub: Oxford University Press / USA artinfo: ui: 194186929 10.1093/cje/beag009 ppf: 515 ppct: 28 formats: tig: atl: Borrowing to invest: Why the people in Germany and the UK do not prioritise fiscal responsibility. aug: au: Eichhorn, Jan affil: University of Edinburgh, UK; d|part, Germany su: United Kingdom Germany Public opinion Economic policy Public debts Public investments Financial accountability British history Political economic analysis Countries sug: subj: Public opinion Economic policy Public debts United Kingdom Germany Public Finance Activities Public investments Financial accountability British history Political economic analysis Countries keyword: copyrightHolder:Cambridge Political Economy Society copyrightYear:2026 fiscal prudence inLanguage:en public attitudes public debt public finances public investment publisher:Oxford University Press sameAs:https://dx.doi.org/10.1093/cje/beag009 copyrightHolder:Cambridge Political Economy Society copyrightYear:2026 fiscal prudence inLanguage:en public attitudes public debt public finances public investment publisher:Oxford University Press sameAs:https://dx.doi.org/10.1093/cje/beag009 ab: Despite different national debt levels, centre–right and centre–left politicians in Germany and the UK embrace fiscally restrictive approaches to state spending that have been criticised for their detrimental impact on needed public investments. This paper expands the critique beyond the economic and welfare consequences and shows that, additionally, politicians championing 'fiscal responsibility' are not addressing concerns of the public either. Using original survey data, the analysis demonstrates how public perceptions of economic policies should not be assumed to match the assumptions of balance-sheet-accounting approaches to thinking about state expenditure and why politicians could be more confident in providing positive narratives about debt-financed state investments. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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