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In this study, the overall sum of the activities of the public sector in the economy, "public economic efficiency" and the event is defined as the conjectural characteristics of the different forms have changed, but is assumed to continue. Still the primary economic goals set by the mechanisms...
Persistent link: https://www.econbiz.de/10011110011
The relationship between government revenue and government expenditure has been an important topic in public economics, given its relevance for policy especially with respect to the budget deficit. The purpose of this paper is to investigate the relationship between government revenue and...
Persistent link: https://www.econbiz.de/10011111149
Abstract The paper investigates the revenue-expenditure nexus for Ghana. The study covers the period 1980-2013. It examines whether increases in government revenue cause increases in government expenditure or increases in government expenditure cause increases in government revenue. It also...
Persistent link: https://www.econbiz.de/10011262873
The rationale for fiscal rules and institutions has been explained by the existence of deficit and spending biases that arise due to political fragmentation within government or between governments that alternate in office. In common pool models fiscal outcomes are determined by the...
Persistent link: https://www.econbiz.de/10011113192
When Kazakhstan was trying to go out from economic, social and political transition, suddenly faced well-known problems of the oil-rich countries. It is absolutely vital that Kazakhstan evaluate its oil-income for going out from transition and developing itself in accordance with the conditions...
Persistent link: https://www.econbiz.de/10008854410
Borrow and spend is a policy with several weaknesses. 1, it involves government borrowing something, that is money, which government can create in limitless quantities any time. 2, the “borrow” part of borrow and spend is deflationary: the opposite of the desired effect. 3, borrow and spend...
Persistent link: https://www.econbiz.de/10008685144
political shift is located in the latent anger of the citizens in relation to the political elites of Greece and their politics … with the hard consolidation program taken by the creditors of Greece (EU, ECB, IMF) to restrain the country's fiscal crisis …. The Intention of the restructuring program is to lead as soon as possible Greece out from the debt. In fact however the …
Persistent link: https://www.econbiz.de/10011185382
The governments of the European Union are facing important challenges that may impact both their need and their capacity to collect taxes. First, ageing will increase some social spending while reducing the potential of some tax bases such as labour. Second, globalisation has the potential to...
Persistent link: https://www.econbiz.de/10005789321
This essay will critically evaluate positions that have emerged in the literature in favor of the welfare state. The downsizing of the welfare state, which would, inter alia, to reduce government spending, provide greater scope for the free market. The transition from a welfare system to a...
Persistent link: https://www.econbiz.de/10008674265
, living conditions. One of the states largely affected is Greece which reacted in order to face the negative effects In the … first part of this paper it is examined the character of the crisis and its consequences in Greece and in the second one it …
Persistent link: https://www.econbiz.de/10011107493