Public Investment And Welfare
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Author | : Robert G. Lynch |
Publisher | : |
Total Pages | : 144 |
Release | : 2007 |
Genre | : Education |
ISBN | : |
"[This book] examines the costs and benefits of both a targeted and a universal prekindergarten program and shows the positive impact of these programs on the economy, federal and state budgets, and the educational achievement and earnings of children and adults."--Book jacket.
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 | : 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 | : Heather Boushey |
Publisher | : Harvard University Press |
Total Pages | : 305 |
Release | : 2019-10-15 |
Genre | : Business & Economics |
ISBN | : 0674919319 |
A Financial Times Book of the Year “The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.” —Jason Furman “A timely and very useful guide...Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.” —New Yorker Do we have to choose between equality and prosperity? Decisions made over the past fifty years have created underlying fragilities in our society that make our economy less effective in good times and less resilient to shocks, such as today’s coronavirus pandemic. Many think tackling inequality would require such heavy-handed interference that it would stifle economic growth. But a careful look at the data suggests nothing could be further from the truth—and that reducing inequality is in fact key to delivering future prosperity. Presenting cutting-edge economics with verve, Heather Boushey shows how rising inequality is a drain on talent, ideas, and innovation, leading to a concentration of capital and a damaging under-investment in schools, infrastructure, and other public goods. We know inequality is fueling social unrest. Boushey shows persuasively that it is also a serious drag on growth. “In this outstanding book, Heather Boushey...shows that, beyond a point, inequality damages the economy by limiting the quantity and quality of human capital and skills, blocking access to opportunity, underfunding public services, facilitating predatory rent-seeking, weakening aggregate demand, and increasing reliance on unsustainable credit.” —Martin Wolf, Financial Times “Think rising levels of inequality are just an inevitable outcome of our market-driven economy? Then you should read Boushey’s well-argued, well-documented explanation of why you’re wrong.” —David Rotman, MIT Technology Review
Author | : Mr.Abdul Abiad |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 2015-05-04 |
Genre | : Business & Economics |
ISBN | : 1484361555 |
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Author | : International Institute of Public Finance. Congress |
Publisher | : Springer Science & Business Media |
Total Pages | : 356 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9784431702221 |
The current state of research in the international public finance field is elucidated in the fifteen papers collected in this volume, selected from among the more than 200 that were presented at the 53rd Congress of the International Institute of Public Finance held in Kyoto, Japan, in August 1997. The collection assembled here is not intended to comprise a proceedings of the Congress but, rather, presents the ideas of eminent scholars in seven areas of current research in the international public finance field: The Welfare State, Public Investment and Economic Growth, Inter-Governmental Relations, Tax Competition and Foreign Direct Investment, Foreign Investment in Transitional Economies-Russia and China, and Equalization Transfer Systems in Japan and Australia. The highlight of the Congress was the brilliant debate between two of the greatest authorities in the area of public finance, James M. Buchanan and Richard A. Musgrave, whose papers form the opening section of the volume.
Author | : Mr.Hamid Reza Davoodi |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 1997-10-01 |
Genre | : Business & Economics |
ISBN | : 145192951X |
Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii) lower expenditures on operations and maintenance; and (iv) lower quality of public infrastructure. The evidence also shows that corruption increases public investment while reducing its productivity. These are five channels through which corruption lowers growth. An implication is that economists should be more restrained in their praise of high public sector investment, especially in countries with high corruption.
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 | : Dyakova M |
Publisher | : World Health Organization |
Total Pages | : 88 |
Release | : 2017-09-27 |
Genre | : Business & Economics |
ISBN | : 9289052597 |
Governments across the WHO European Region need to take urgent action to address the growing public health inequality economic and environmental challenges in order to achieve sustainable development (meeting current needs without compromising the ability of future generations to meet their own needs) and to ensure health and well-being for present and future generations. Based on a scoping review this report concludes that current investment policies and practices (doing business as usual) are unsustainable with high costs to individuals families communities societies the economy and the planet. Investment in public health policies that are based on values and evidence provides effective and efficient inclusive and innovative solutions that can drive social economic and environmental sustainability. Investing for health and well-being is a driver and an enabler of sustainable development and vice versa and it empowers people to achieve the highest attainable standard of health for all.
Author | : Robert D. Leighninger |
Publisher | : Univ of South Carolina Press |
Total Pages | : 292 |
Release | : 2007 |
Genre | : Architecture |
ISBN | : 9781570036637 |
Long-Range Public Investment: The Forgotten Legacy of the New Deal is augmented by fifty-eight photographs.