POLS 110 Lecture Notes - Financial Statement
Document Summary
Emu (euro: countries must have deficits below 3% of gdp and debts 60% of gdp. Poor tax collection not paying tax is socially acceptable. P. m asked for referendum: he went back on his decision, never held it. Yes: encourage participation, allows for discussion, provides immediate feedback to elites, high legitimacy. No: based on poor information, create echo chambers of like minded citizens. No real debate: can be manipulated by elites, are divisive yes or no, no compromise. Participation dependant on efficacy, resources, ability, time and interest.