Shining a Light on the Mysteries of State

Released on by Mr.Timothy Irwin
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  • Shining a Light on the Mysteries of State Book Detail

  • Author : Mr.Timothy Irwin
  • Release Date : 2013-10-25
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 43
  • ISBN 13 : 1484350626
  • File Size : 95,95 MB
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Shining a Light on the Mysteries of State by Mr.Timothy Irwin PDF Summary

Book Description: The extent of fiscal transparency in Western Europe has varied over the centuries. Although ancient Greek, Roman, and medieval governments were sometimes open about their finances, the absolute monarchies of the 1600s and 1700s shrouded them in mystery. Factors that have encouraged transparency include (i) the sharing of political power and rulers’ need to persuade creditors to lend and taxpayers’ representatives to approve new taxes; (ii) the spread of technological innovations that reduce the costs of storing and transmitting information; and (iii) the acceptance of political theories that emphasize accountable government and public discussion of government policy.

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