Public Investment And Welfare
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Author | : Pierre-Richard Agénor |
Publisher | : Princeton University Press |
Total Pages | : 264 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 0691155801 |
Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
Author | : Tito Boeri |
Publisher | : Routledge |
Total Pages | : 175 |
Release | : 2019-04-23 |
Genre | : Social Science |
ISBN | : 042969394X |
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.
Author | : Hirofumi Shibata |
Publisher | : Springer Science & Business Media |
Total Pages | : 333 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 4431679391 |
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.
Author | : Tullio Jappelli |
Publisher | : |
Total Pages | : 52 |
Release | : 1994 |
Genre | : Finance |
ISBN | : |
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 95 |
Release | : 2016-02-29 |
Genre | : |
ISBN | : 9264251766 |
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.
Author | : Hirofumi Shibata |
Publisher | : |
Total Pages | : 331 |
Release | : 1998-01-01 |
Genre | : Finance, Public |
ISBN | : 9789812300386 |
Author | : Nathalie Morel |
Publisher | : Policy Press |
Total Pages | : 402 |
Release | : 2012 |
Genre | : Political Science |
ISBN | : 1847429246 |
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.
Author | : Juha Tervala |
Publisher | : |
Total Pages | : 27 |
Release | : 2016 |
Genre | : Expenditures, Public |
ISBN | : 9781513544366 |
We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure investment are positive if infrastructure is sufficiently effective. When the medium-term output multipliers are consistent with the empirical estimates (1-1.4), the welfare multiplier is 0.8. That is, a dollar spent by the government for investment raises domestic welfare by equivalent of 0.8 dollars of private consumption. This suggests that the welfare gains of public infrastructure investment, if chosen wisely, may be substantial. --Abstract.
Author | : Heather Boushey |
Publisher | : |
Total Pages | : 305 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 0674919319 |
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.
Author | : Gustavo A. Marrero Díaz |
Publisher | : |
Total Pages | : 360 |
Release | : 2000 |
Genre | : |
ISBN | : |