This work is written out of a conviction that development economics needs to draw more heavily and systematically on recent advances in knowledge made in public economics - especially where the formulation and analysis of development policy are concerned. The central questions - how to raise and spend revenues well, in the sense of promoting development - are surely normative; but whether something is done well must also be judged in relation to what is actually feasible. With unrestricted lump-sum transfers ruled out in practice, the design of policy is inherently concerned with considerations of the second-best. This awkward fact besets the analysis of interventions in all areas of economic activity, from international trade to small-scale finance. Debates over whether and how to promote particular sectors or activities at the expense of others, when viewed from this perspective, draw attention away from the humdrum, but decidedly more important goal of raising revenue efficiently and with due regard for equity.
Product Identifiers
Publisher
Oxford University Press
ISBN-13
9780198773665
eBay Product ID (ePID)
94999412
Product Key Features
Author
Clive BELL
Publication Name
Development Policy As Public Finance
Format
Hardcover
Language
English
Subject
Economics, Finance
Publication Year
2003
Type
Textbook
Number of Pages
486 Pages
Dimensions
Item Height
241mm
Item Width
162mm
Item Weight
818g
Additional Product Features
Title_Author
Clive BELL
Country/Region of Manufacture
United Kingdom
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