Cutting Back Public Investment after 1980: Collateral Damage, Policy Legacies and Political Adjustment

HANS KEMAN

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Cutting Back Public Investment after 1980: Collateral Damage, Policy Legacies and Political Adjustment

机译：1980年后减少公共投资：附带损害，政策遗留和政治调整

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Since the 1980s public investment expenditures have been cut back in many OECD democracies. One explanation is a priority for fiscal stringency in order to curb big government in the context of neo-liberal ideas, which is reinforced by EMU requirements in the 1990s. Another is the potential impact of left and right partisan politics on investment policies. The main finding here is that the overall decrease in public investment expenditure appears to be caused by collateral damage due to the downsizing of total government outlays. This is particularly the case where there is a policy legacy of the Left with high levels of total public spending on the welfare state prior to the 1980s. Where the Right in government has been dominant after 1980, this downward development in public investment is particularly noticeable.

机译：自1980年代以来，许多经合组织民主国家削减了公共投资支出。一种解释是财政紧缩的优先事项，以便在新自由主义思想的背景下遏制大政府，这一点在1990年代的EMU要求中得到了加强。另一个是左右党派政治对投资政策的潜在影响。此处的主要发现是，公共投资支出的总体下降似乎是由于政府总支出缩减导致的附带损害所致。尤其是在左派的政策遗留下来的情况下，在1980年代之前，福利国家的公共支出总额很高。在1980年以后政府权利一直占主导地位的地方，这种公共投资的下降趋势尤其明显。

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来源
《Journal of Public Policy》 |2010年第2期|P.163-182|共20页
作者
HANS KEMAN;
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作者单位

Department of Political Science, VU University, De Boelelaan 1081 — 2340 (Metropolitan), 1081 HV Amsterdam, Netherlands;

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正文语种 eng
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fiscal performance; party government; public investment;

机译：财务表现;党政府公共投资;

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Cutting Back Public Investment after 1980: Collateral Damage, Policy Legacies and Political Adjustment

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