2 edition of Public finance and financing development found in the catalog.
Public finance and financing development
Laurence Harris
Published
1992
by Department of Economics, School of Oriental and African Studies, University of London in London
.
Written in English
Edition Notes
Series | Working paper / Department of Economics, School of Oriental and African Studies, University of London -- no.10 |
ID Numbers | |
---|---|
Open Library | OL21506601M |
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Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.
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Prof. Dalton in his book Principles of Public Finance states that “Public Finance is concerned with income and expenditure of public authorities and with the adjustment of one to the other” By this definition, we can understand that public finance deals with income and expenditure of government entity at any level be it central, state or local.
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Public finance in development: an overoiew Public finance shapes the course of development. It affects aggregate resource use and financing pat- terns and, together with monetary and exchange rate policies, influences the balance of payments, the accumulation of foreign debt, and the rates of inflation, interest, and exchange.
Public finance – causes of development Development of fiscal theory. Basic Concepts, Ties and Aspects Public finance as a concept may be understood on two levels – 1) as a practical activity of all components of public administration and 2) as a theoretical area.
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Bell, Crive (), Development Policy as Public Finance, Oxford University Press Gale, Douglas (), “The Efficient Design of Public Debt,” in.
PREFACE THIS Introduction to Public Finance is intended to be an elementary text-book. It contains a simple outline of those ~hings which are necessary to prepare the stu dent for independent research; a brief discussion of the leading principles that are generally accepted; a.
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Accordingly, effects of taxation, Government expenditure, public borrowing and deficit financing on the economy constitutes the subject matter of public finance. Thus, Prof. Otto Eckstein writes “Public Finance is the study of the effects of budgets on the economy, particularly the effect on the achievement of the major economic objects.
This book is unique in its exclusive and comprehensive focus on the management of public funds. The book emphasizes defining terms, framing concepts, and examines common controversies in the field. The authors begin with a broad introduction to public finance administration.
INTRODUCTION TO PUBLIC FINANCE Q.1 Examine the scope and functions of public finance. Public finance is that branch of general economics which deals with financial activities of the state or government at national, state and local levels.
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of public finance. The famous. American Economist J.M. Keynes. has revolutionised and changed the meaning of public finance. According to Keynes, public finance should be used as an instrument for achievement of certain economic and social objectives.
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Charitable donations, financial aid, and the work of non-profit organizations in the development and financing of public health cannot be understated. All countries, regardless of wealth, history, or where they reside on the market maximization vs. market minimization spectrum, rely at least to some extent on charity and non-profit organizations.