Fiscal Policy and Economic Development is popular PDF and ePub book, written by Mr.Peter Rangazas in 2008-06-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fiscal Policy and Economic Development can be Read Online from any device for your convenience.
Fiscal Policy and Economic Development Book PDF Summary
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today's developing countries have larger government sectors than did today's developed countries at similar stages of development. The explanations for these facts are based on the structural transformation from traditional (mostly agricultural) to modern (industrial and post-industrial) production, rising public infrastructure investment, and less representative governments in many of today's developing economies.
Detail Book of Fiscal Policy and Economic Development PDF
- Author : Mr.Peter Rangazas
- Release : 01 June 2008
- Publisher : International Monetary Fund
- ISBN : 9781451870138
- Genre : Business & Economics
- Total Page : 35 pages
- Language : English
- PDF File Size : 16,8 Mb
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