Public Finance and Parliamentary Constitutionalism

Public Finance and Parliamentary Constitutionalism examines constitutionalism and public finance in Anglophone parliamentary systems, exploring the history of public finance law, its export, and its entrenchment in Commonwealth constitutions. It explains how modern constitutionalism was shaped by the financial impact of warfare, welfare-state programs, and the growth of central banking, and provides a case study analysis of the impact of economic conditions on governments' financial behaviour. It questions orthodox accounts of financial constitutionalism and the democratic legitimacy of public finance, and analyses the constitutional role of central banks and sovereign debt markets.

Format: Paperback / softback
Length: 281 pages
Publication date: 11 August 2022
Publisher: Cambridge University Press

Public Finance and Parliamentary Constitutionalism is a comprehensive exploration of constitutionalism and public finance in Anglophone parliamentary systems of government. It delves into the history of public finance law in the UK, its export throughout the British Empire, and its entrenchment in Commonwealth constitutions. The book examines how modern constitutionalism was shaped by the financial impact of warfare, welfare-state programs, and the growth of central banking. It then provides a case study analysis of the impact of economic conditions on governments' financial behavior, focusing on the UK's and Australia's responses to the financial crisis and the judiciary's position vis-à-vis the state's financial powers. Throughout, it questions orthodox accounts of financial constitutionalism and the democratic legitimacy of public finance. Currently ignored aspects of government behavior, particularly the constitutional role of central banks and sovereign debt markets, are analyzed in-depth.

Weight: 408g
Dimension: 151 x 228 x 19 (mm)
ISBN-13: 9781108746861