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The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu

Covering a full array of topics in open economy macro and public economics, Fiscal Policies and Growth in the World Economy has been thoroughly revised and exte

This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transi

The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the glob

Fiscal policy is critical to the development of poor countries. Public spending on pro-poor services and public goods must be increased, tax revenues must be mo