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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/10015242338
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/10015244148
In both developed and developing countries, there are basically two main sources of economic instability: exogenous shocks and inappropriate policies. Exogenous shock (terms-of-trade shocks, natural disasters and capital flow reversals) can throw an economy into disequilibrium and therefore...
Persistent link: https://www.econbiz.de/10015215402
The paper outlines the main current issues concerning Public Finance in Italy. It is divided in three parts. The first part discusses the overall budget policy. Italy is in need to support the recovery from economic crisis, however budget action is limited by European constraints. Different way...
Persistent link: https://www.econbiz.de/10015218445
The financial collapse of 2007, the accompanying refugee crisis, the health crisis, and the coronavirus pandemic have all played their part in the current gloomy political climate. The left lacks a clear message or strategy to improve the lives of ordinary people. The emphasis on austerity and...
Persistent link: https://www.econbiz.de/10015268841
The financial crisis of 2007 clearly demonstrated the declining economic and political hegemony of the European social model. Austerity measures, rationalization, and cuts in all areas of society and the state were encouraged by the EU directorates. These measures have weakened social cohesion...
Persistent link: https://www.econbiz.de/10015268971
There are still differences of opinion about the connection between government expenditure and revenues. This study aims to test hypotheses related to the direction of the relationship between Indonesian government revenues and expenses. By utilizing quarterly time-series data in the period...
Persistent link: https://www.econbiz.de/10015270696
The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...
Persistent link: https://www.econbiz.de/10015239465
In countries where the political-economy incentives that governments face do not foster prudent revenue management, national revenue funds (NRFs) should not be used to impose optimal expenditure paths. In such countries, NRFs should instead be used as policy tools for re-aligning the diverging...
Persistent link: https://www.econbiz.de/10015254607
The paper made a comprehensive analysis of public debt and outstanding liabilities on Haryana with a view to understand whether public debt is used for accelerating growth and development or it is result of misplaced spending priorities by the incumbent governments mainly by opportunistic...
Persistent link: https://www.econbiz.de/10015256217