The Economics of Resource Rich Economies discusses the problems and benefits of economies rich in natural resources. After a brief look at some historical aspects, it explores the concept known as the 'Dutch Disease' and offers empirical and theoretical insights into the effects of rich natural...

This book discusses the impact of taxation on economic growth, employment, investment, consumption and the environment. The public finance literature commonly distinguishes between three major functions of taxation: the traditional function of raising revenue to finance government expenditure;...

Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very...