Author: Pierre-Richard Agénor
Publisher: Princeton University Press
ISBN: 0691155801
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
Public Capital, Growth and Welfare
Author: Pierre-Richard Agénor
Publisher: Princeton University Press
ISBN: 0691155801
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
Publisher: Princeton University Press
ISBN: 0691155801
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
Beyond The Rule Of Thumb
Author: Tito Boeri
Publisher: Routledge
ISBN: 042969394X
Category : Social Science
Languages : en
Pages : 175
Book Description
This book discusses the rationale for correcting market prices in the evaluation of public investments. It also aims at covering techniques of project appraisals, such as the effects method, cost efficiency techniques, multicriteria analysis, and related logical frameworks.
Publisher: Routledge
ISBN: 042969394X
Category : Social Science
Languages : en
Pages : 175
Book Description
This book discusses the rationale for correcting market prices in the evaluation of public investments. It also aims at covering techniques of project appraisals, such as the effects method, cost efficiency techniques, multicriteria analysis, and related logical frameworks.
The Welfare State, Public Investment, and Growth
Author: Hirofumi Shibata
Publisher: Springer Science & Business Media
ISBN: 4431679391
Category : Business & Economics
Languages : en
Pages : 333
Book Description
This book presents fifteen papers selected from the papers read at the 53rd Congress of the International Institute of Public Finance held at Kyoto, Japan, in August 1997. Although organized under the general title of Public Finance and Public Investment, the Congress covered a wide range of topics in Public Finance. One of the highlights of the Congress was a historic and brilliant debate between two of the greatest living authorities in the area of public finance, Professors James M. Buchanan and Richard A. Musgrave, on the nature of the welfare state and its future. Part I of this book is concerned with this debate and its empirical counterpart. James M. Buchanan (Chapter 1) warns that the welfare state will be unsustainable unless it preserves generality or at least quasi generality in welfare programs. The introduction of overt discrimination in welfare programs through means testing and targeting can only diminish public support. He argues that a political version of the "tragedy of commons" will emerge if and when identifiable interest groups recognize the prospects of particularized gains as promised by discriminatory tax or transfer payments. Faced with mounting pressure from entitlement-like claims of special interest groups against public revenues on one hand and equally strong pressure against further tax burdens on the other, political leaders are attracted to solutions that single out the most vulnerable targets. Distributional disagreement among classes will then become a major source of political discourse and an impetus for class conflict.
Publisher: Springer Science & Business Media
ISBN: 4431679391
Category : Business & Economics
Languages : en
Pages : 333
Book Description
This book presents fifteen papers selected from the papers read at the 53rd Congress of the International Institute of Public Finance held at Kyoto, Japan, in August 1997. Although organized under the general title of Public Finance and Public Investment, the Congress covered a wide range of topics in Public Finance. One of the highlights of the Congress was a historic and brilliant debate between two of the greatest living authorities in the area of public finance, Professors James M. Buchanan and Richard A. Musgrave, on the nature of the welfare state and its future. Part I of this book is concerned with this debate and its empirical counterpart. James M. Buchanan (Chapter 1) warns that the welfare state will be unsustainable unless it preserves generality or at least quasi generality in welfare programs. The introduction of overt discrimination in welfare programs through means testing and targeting can only diminish public support. He argues that a political version of the "tragedy of commons" will emerge if and when identifiable interest groups recognize the prospects of particularized gains as promised by discriminatory tax or transfer payments. Faced with mounting pressure from entitlement-like claims of special interest groups against public revenues on one hand and equally strong pressure against further tax burdens on the other, political leaders are attracted to solutions that single out the most vulnerable targets. Distributional disagreement among classes will then become a major source of political discourse and an impetus for class conflict.
Public Investment and Welfare
Author: Tullio Jappelli
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 52
Book Description
OECD Public Governance Reviews Integrity Framework for Public Investment
Author: OECD
Publisher: OECD Publishing
ISBN: 9264251766
Category :
Languages : en
Pages : 95
Book Description
Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption.
Publisher: OECD Publishing
ISBN: 9264251766
Category :
Languages : en
Pages : 95
Book Description
Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption.
The Welfare State, Public Investment, and Growth
Author: Hirofumi Shibata
Publisher:
ISBN: 9789812300386
Category : Finance, Public
Languages : en
Pages : 331
Book Description
Publisher:
ISBN: 9789812300386
Category : Finance, Public
Languages : en
Pages : 331
Book Description
Unbound
Author: Heather Boushey
Publisher:
ISBN: 0674919319
Category : Business & Economics
Languages : en
Pages : 305
Book Description
Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
Publisher:
ISBN: 0674919319
Category : Business & Economics
Languages : en
Pages : 305
Book Description
Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
Towards a Social Investment Welfare State?
Author: Nathalie Morel
Publisher: Policy Press
ISBN: 1847429246
Category : Political Science
Languages : en
Pages : 402
Book Description
Since the late 1990s, new strategies concerning the role and shape of welfare states have been formulated, many of which are guided by a logic of social investment. This book maps out this new perspective and assesses both its achievements and shortcomings. In doing so, it provides a critical analysis of social investment ideas and policies and opens up for discussion many of Europe's most pressing concerns--such as an aging population, the current economic crisis, and environmental issues-- and whether social investment can provide adequate responses to these challenges.
Publisher: Policy Press
ISBN: 1847429246
Category : Political Science
Languages : en
Pages : 402
Book Description
Since the late 1990s, new strategies concerning the role and shape of welfare states have been formulated, many of which are guided by a logic of social investment. This book maps out this new perspective and assesses both its achievements and shortcomings. In doing so, it provides a critical analysis of social investment ideas and policies and opens up for discussion many of Europe's most pressing concerns--such as an aging population, the current economic crisis, and environmental issues-- and whether social investment can provide adequate responses to these challenges.
Welfare and Growth Effects of the Public Investment/output Ratio
Author: Gustavo A. Marrero Díaz
Publisher:
ISBN:
Category :
Languages : en
Pages : 360
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 360
Book Description
Corruption, Public Investment, and Growth
Author: Mr.Hamid Reza Davoodi
Publisher: International Monetary Fund
ISBN: 145192951X
Category : Business & Economics
Languages : en
Pages : 24
Book Description
Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii) lower expenditures on operations and maintenance; and (iv) lower quality of public infrastructure. The evidence also shows that corruption increases public investment while reducing its productivity. These are five channels through which corruption lowers growth. An implication is that economists should be more restrained in their praise of high public sector investment, especially in countries with high corruption.
Publisher: International Monetary Fund
ISBN: 145192951X
Category : Business & Economics
Languages : en
Pages : 24
Book Description
Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii) lower expenditures on operations and maintenance; and (iv) lower quality of public infrastructure. The evidence also shows that corruption increases public investment while reducing its productivity. These are five channels through which corruption lowers growth. An implication is that economists should be more restrained in their praise of high public sector investment, especially in countries with high corruption.