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Why Do Governments Find It So Hard To Control Public Expenditure?
Beginning of essay
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Since the 1970's rising public expenditure has become a politically
salient issue, with the focus being on the difficulties experienced in trying to
control it. In order to answer a question concerning why governments find it
hard to control public expenditure it is first necessary to look at th ....
Middle of essay
....ation. Wagner also
believed that with growing industry certain investments would require so much
capital that the state would have to provide it. He thought there would also be
public goods that may not be in the interests of an entrepreneur to provide.
There are counter arguments to Wagner's suggestions, the first of these
is that it could be argued that increased density would provide opportunities
for economies of scale. Thus, the proximity of people to one another could
result in networ.... |
| Number of words: 2620 |
Approximate pages: 10 |
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