Public Finance, Trade, and Development

Public Finance, Trade, and Development
Author: Vittorio Corbo
Publisher: World Bank Publications
Total Pages: 54
Release: 1989
Genre: Chike
ISBN:

Restructuring the public sector and eradicating chronic public sector deficits helped Chile lay the basis for microeconomic reforms that removed distortions and put Chile in a sustainable growth path. But macroeconomic policy errors of the late 1970s delayed the growth effects of these reforms.

Optimal Commodity Taxes Under Rationing

Optimal Commodity Taxes Under Rationing
Author: Nanak Kakwani
Publisher:
Total Pages: 36
Release: 1989
Genre: Asignacion de recursos
ISBN:

The results on a standard optimal commodity model change substantially when one or more commodities are rationed. The authors propose a more realistic model of rationing that overcomes some restrictive features of earlier rationing models.

The Macroeconomics of Public Sector Deficits

The Macroeconomics of Public Sector Deficits
Author: Roumeen Islam
Publisher:
Total Pages: 184
Release: 1991
Genre: Budget deficits
ISBN:

In developing countries, fiscal policy - in particular, the reduction of public sector deficits - has been a key element of stabilization and adjustment programs. An empirical analysis of fiscal deficits in Ghana, where they have been a prominent feature, reveals their significant effects on both the real and finincial sides of the economy.