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Author : Ludger Schuknecht
Publisher : Cambridge University Press
Page : 305 pages
File Size : 41,7 Mb
Release : 2020-11-12
Category : Business & Economics
ISBN : 9781108496230
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
Author : Vito Tanzi,Ludger Schuknecht
Publisher : Cambridge University Press
Page : 316 pages
File Size : 55,6 Mb
Release : 2000-06-05
Category : Business & Economics
ISBN : 0521664101
After a detailed account of reform experiences in several countries and the public debate regarding government reform, the study closes with an outlook on the future role of the state, a period when globalization may require and people may want "leaner" but not "meaner" states."--Jacket.
Author : Edward Nell
Publisher : Routledge
Page : 290 pages
File Size : 53,8 Mb
Release : 2009-12-15
Category : Business & Economics
ISBN : 9781135156350
In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This "transformational growth" brings about irreversible and sometimes devastating changes, requiring government action. Professor Nell argues that a lack of government action in the decade prior to the book’s initial publication was responsible for the stagnation of the economy and he asserts that this could only be overcome by a determined policy intervention and the political will to achieve dominance over private capital.
Author : David M. Primo
Publisher : University of Chicago Press
Page : 220 pages
File Size : 51,8 Mb
Release : 2008-09-15
Category : Political Science
ISBN : 9780226682617
Government spending has increased dramatically in the United States since World War II despite the many rules intended to rein in the insatiable appetite for tax revenue most politicians seem to share. Drawing on examples from the federal and state governments, Rules and Restraint explains in lucid, nontechnical prose why these budget rules tend to fail, and proposes original alternatives for imposing much-needed fiscal discipline on our legislators. One reason budget rules are ineffective, David Primo shows, is that politicians often create and preserve loopholes to protect programs that benefit their constituents. Another reason is that legislators must enforce their own provisions, an arrangement that is seriously compromised by their unwillingness to abide by rules that demand short-term sacrifices for the sake of long-term gain. Convinced that budget rules enacted through such a flawed legislative process are unlikely to work, Primo ultimately calls for a careful debate over the advantages and drawbacks of a constitutional convention initiated by the states—a radical step that would bypass Congress to create a path toward change. Rules and Restraint will be required reading for anyone interested in institutional design, legislatures, and policymaking.
Author : Mr.Vito Tanzi
Publisher : International Monetary Fund
Page : 29 pages
File Size : 53,6 Mb
Release : 1997-09-01
Category : Business & Economics
ISBN : 9781451943450
This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have promoted the changes. In the period between 1913 and 1980, there was a large increase in public spending in industrial countries and a considerable expansion in the role of the government in the economy in all countries. The paper also outlines the intellectual developments that, starting in the 1970s, have brought about a reaction to the large role that the state has come to play in the economy.
Author : OECD
Publisher : OECD Publishing
Page : 280 pages
File Size : 48,6 Mb
Release : 2021-07-09
Category : Electronic
ISBN : 9789264921412
The 2021 edition includes input indicators on public finance and employment; process indicators include data on institutions, budgeting practices, human resources management, regulatory governance, public procurement, governance of infrastructure, public sector integrity, open government and digital government. Outcome indicators cover core government results (e.g. trust, political efficacy, inequality reduction) and indicators on access, responsiveness, quality and satisfaction for the education, health and justice sectors.
Author : David Miles,Gareth Myles,Ian Preston
Publisher : OUP Oxford
Page : 432 pages
File Size : 54,8 Mb
Release : 2003-03-20
Category : Business & Economics
ISBN : 0191593281
The Economics of Public Spending investigates the extent of government involvement in the economy, details its rational, and traces its historical record. The book unites articles previously published in Fiscal Studies, each one addressing a different area of expenditure and written by an economist specializing in that field. They describe both the data on public expenditure and the theory relevant to understanding the policy issues. A new introduction investigates the overall role of the public sector and discusses the general theory of public expenditure. In providing a detailed analysis of public expenditure, the book makes an important contribution to the economics literature. There are no other texts with this breadth of coverage or depth of analysis. Insights are provided into both the policy issues, cross-country comparisons of expenditure, and alternative approaches to economic analysis. The chapters apply the tools of orthodox public finance, public choice, modern public economics, and game theory to reach a range of policy proposals and conclusions. These demonstrate the range and potential of economic analysis when applied to these important issues.
Author : David Schmengler
Publisher : GRIN Verlag
Page : 47 pages
File Size : 44,5 Mb
Release : 2020-09-03
Category : Business & Economics
ISBN : 9783346240002
Master's Thesis from the year 2018 in the subject Economics - Economic Cycle and Growth, grade: 7, University of Groningen (Faculty of Economics and Business), language: English, abstract: This paper examines the role of the state in economic development. In particular, we test the impact of aggregated and sectoral government expenditures on economic performance in developing countries. Our findings suggest that total government expenditures are negatively related to economic development in both low income and middle income developing countries. However, we find particular evidence that government expenditures prove to be more beneficial for growth when a country is characterized by a well-functional institutional design. In contrast to previous studies, we do not find positive and significant results for sectoral government expenditures. In fact, our findings suggest that transport and communication, defense and health expenditures are negatively related to economic development. At the same time, public and private investments appear to be positively related to economic development throughout our analysis. Therefore, we conclude that – instead of government expenditures – stimulating investments and institutional reforms should play a major part on the political agenda of developing countries.
Author : Mr.Vito Tanzi,Ludger Schuknecht
Publisher : International Monetary Fund
Page : 50 pages
File Size : 41,7 Mb
Release : 1995-12
Category : Business & Economics
ISBN : UCSD:31822021343579
This paper describes the growth of public spending in industrial countries over the past century. It identifies several periods: the periods between 1870 and 1913; the period between the two World Wars; the post World War II period up to 1960; and the period after 1960. Public spending started growing during World War I but its growth accelerated after 1960. The paper outlines the reasons for this growth and speculates that recent government growth has not brought about much economic or social progress. The paper sees the future of government mainly in setting the “rules of the game,” and provides a rough blueprint for reform. It also discusses experiences with government reform in selected count les, and predicts that over the next decades, public spending as a share of GDP will fall.
Author : Edward Nell
Publisher : Taylor & Francis
Page : 270 pages
File Size : 46,6 Mb
Release : 2009-10-22
Category : Business & Economics
ISBN : 0043390455
In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This "transformational growth" brings about irreversible and sometimes devastating changes, requiring government action. Professor Nell argues that a lack of government action in the decade prior to the book’s initial publication was responsible for the stagnation of the economy and he asserts that this could only be overcome by a determined policy intervention and the political will to achieve dominance over private capital.
Author : Ms.Keiko Honjo,Mr.Sanjeev Gupta,Marijn Verhoeven
Publisher : International Monetary Fund
Page : 61 pages
File Size : 48,5 Mb
Release : 1997-11-01
Category : Business & Economics
ISBN : 9781451922400
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphere. The results show that, on average, countries in Africa are less efficient than countries in Asia and the Western Hemisphere; however, education and health spending in Africa became more efficient during that period. The assessment further suggests that improvements in educational attainment and health output in African countries require more than just higher budgetary allocations.
Author : Vito Tanzi
Publisher : Cambridge University Press
Page : 391 pages
File Size : 43,9 Mb
Release : 2011-05-16
Category : Political Science
ISBN : 9781139499736
Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.
Author : Dominique Van de Walle,Kimberly Nead
Publisher : World Bank Publications
Page : 60 pages
File Size : 46,9 Mb
Release : 1995
Category : Business & Economics
ISBN : 8210379456XXX
The book offers a critical assessment of the state of current knowledge on the distributional impacts of public spending for developing and transition countries. It focuses on the distribution of benefits from spending categories that have traditionally been seen as pro-poor, including education and health expenditures, food subsidies, cash transfers, and public employment schemes.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 56 pages
File Size : 44,5 Mb
Release : 2005-04-04
Category : Business & Economics
ISBN : 9781557755414
Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly as the competition for limited public resources intensifies.By providing a framework for defining and analyzing public expenditureproductivity and unproductive expenditures, this pamphlet discusseshow economic policymakers may approach these issues.
Author : Richard Denniss
Publisher : In the National Interest
Page : 96 pages
File Size : 48,8 Mb
Release : 2022-02
Category : Business & Economics
ISBN : 1922633038
Scott Morrison wants to spend a lot more money on defence, the business community wants more spending on infrastructure and education, an ageing population wants better health and aged care, and young Australians want more action on climate change and affordable housing. Each problem requires more public spending, but for decades Australians have been told that the less government spends, the better their lives will be. Furthermore, while spending more money will be essential to fund more submarines, aged-care nurses and infrastructure, money alone will not solve the problems faced by Australia. Decades of declining standards of accountability and transparency, of privatisation, deregulation and tax cuts, combined with a lack of energy in strengthening the positive role of government, have led to apathy among the public and parliamentarians. We have allowed our public institutions to shrink and atrophy, and our creativity to wane in choosing not just which services government should provide but how best to provide them. There is a clear alternative: follow the lead of the Nordic countries in the provision of great public health, education, housing and infrastructure, and in doing so boost economic productivity and deliver higher standards of living at lower cost. It is time to jettison the obsession with the 'unfinished reform agenda' of the 1990s, to consider the breadth and depth of the new challenges confronting Australia, and to chart a course in which governments take more responsibility for solving the problems that will dominate Australian lives in the years ahead. We must abandon decades of denial that the public sector can play a bigger and better role in improving our lives. To build the bigger government these times demand, we must first abandon the baggage of the past.