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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...

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Published in:Cambridge Journal of Economics Vol. 50; no. 3; pp. 515 - 543
Main Author: Eichhorn, Jan
Format: Article
Published: Oxford University Press / USA May2026
Subjects:
United Kingdom
Germany
Public opinion
Economic policy
Public debts
Public investments
Financial accountability
British history
Political economic analysis
Countries
Online Access:View this record in EBSCOhost