Author: Mary Garin-PainterPublisher:
ISBN:
Category :
Languages : en
Pages : 14
Book Description
Public Expenditure Trends
Author: Mary Garin-PainterPublic expenditure trends
Author: The Growth of Public Expenditure in the United Kingdom
Author: Alan T. PeacockPublisher: Ashgate Publishing
ISBN: 9780751202564
Category : Business & Economics
Languages : en
Pages : 213
Book Description
This work examines public expenditure, explaining the size and the structure of the system of public finance. Suitable for use as a course text, it can function as a point of departure for empirical and analytical studies on the behaviour of governments.
public expenditure and growth
Author: Santiago HerreraPublisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 68
Book Description
Abstract: Given that public spending will have a positive impact on GDP if the benefits exceed the marginal cost of public funds, the present paper deals with measuring costs and benefits of public spending. The paper discusses one cost seldom considered in the literature and in policy debates, namely, the volatility derived from additional public spending. The paper identifies a relationship between public spending volatility and consumption volatility, which implies a direct welfare loss to society. This loss is substantial in developing countries, estimated at 8 percent of consumption. If welfare losses due to volatility are this sizeable, then measuring the benefits of public spending is critical. Gauging benefits based on macro aggregate data requires three caveats: a) considering of the impact of the funding (taxation) required for the additional public spending; b) differentiating between investment and capital formation; c) allowing for heterogeneous response of output to different types of capital and differences in network development. It is essential to go beyond country-specificity to project-level evaluation of the benefits and costs of public projects. From the micro viewpoint, the rate of return of a project must exceed the marginal cost of public funds, determined by tax levels and structure. Credible evaluations require microeconomic evidence and careful specification of counterfactuals. On this, the impact evaluation literature and methods play a critical role. From individual project evaluation, the analyst must contemplate the general equilibrium impacts. In general, the paper advocates for project evaluation as a central piece of any development platform. By increasing the efficiency of public spending, the government can permanently increase the rate of productivity growth and, hence, affect the growth rate of GDP.
Public Expenditure Trends
Author: Organisation for Economic Co-operation and DevelopmentPublisher: Organisation for Economic Co-operation and Development ; [Washington, D.C. : sold by OECD Publications Center]
ISBN:
Category : Expenditures, Public
Languages : en
Pages : 108
Book Description
This 1978 report discusses trends and prospects for public expenditures and revenues.
The Growth of Public Expenditure in the United Kingdom
Author: Alan PeacockPublisher: Taylor & Francis
ISBN: 1040101488
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Originally published in 1961, this book became widely used as a textbook, as an important source of primary data on British government expenditure statistics and as the point of departure for further empirical and analytical studies of the behaviour of governments. The book was recognised as one of the formative influences in the development of a positive theory of government expenditure which sought to explain the size and structure of the system of public finance rather than justify it
Public Spending and the Role of the State
Author: Ludger SchuknechtPublisher: Cambridge University Press
ISBN: 1108496237
Category : Business & Economics
Languages : en
Pages : 305
Book Description
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
PUBLIC EXPENDITURE TRENDS
Author: OCSE = OECD.Public Expenditure in Latin America
Author: Benedict J. ClementsPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
Book Description
This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spending, in particular for social expenditures. Fluctuations in real spending have continued to follow a procyclical pattern. The paper finds that there is substantial scope to improve the efficiency of public investment, public employment, and social spending.
Public Spending in the 20th Century
Author: Vito TanziPublisher: Cambridge University Press
ISBN: 9780521664103
Category : Business & Economics
Languages : en
Pages : 316
Book Description
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.