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When the Party's Over
By HOOD ET AL
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£ 87.75
This book examines nine historical cases of fiscal squeeze in democracies. It combines quantitative and qualitative analysis to examine cases ranging from the United States in the 1830s/40s (when half of the states then in the Union defaulted) to the squeeze following the 2001 Argentinian default. It warns against a simplistic view of 'what works'.