Size and Effectiveness of a Government
Dimitri Gvindadze ()
Chapter Chapter 9 in The Transformation of Georgia from 2004 to 2012, 2023, pp 69-72 from Springer
Abstract:
Abstract This chapter explains the relationship between economic growth, size and effectiveness of a government. It shows evolution of Georgia’s government expenditure in 2004–2012. Key messages: (1) big government does not mean high growth; (2) where government size is unrestricted legally or through a time-tested political consensus, it is likely to increase across electoral cycles; (3) effective governments can create more value than inert oversize bureaucracies and (4) thinking in terms of an opportunity cost is key to an efficient budget planning and execution.
Keywords: Government size; Government effectiveness; Liberty Act; Opportunity cost (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-18264-8_9
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DOI: 10.1007/978-3-031-18264-8_9
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