We offer a new explanation for why taxes have become less redistributive in many countries in parallel with an increase in income concentration. When performance-based contracts are needed to incentivize effort, redistribution through progressive income taxes becomes less precisely targeted....

We offer a new explanation for why taxes have become less redistributive in many countries in parallel with an increase in income concentration. When performance-based contracts are needed to incentivize effort, redistribution through progressive income taxes becomes less precisely targeted....

During the first three years since joining the European Union, Romania has absorbed only 600 million Euros of the 5.6 billion Euros available, that is approximately 10% of the available European funds. During the 2007-2013 period, Romania disposed of a total amount of 19.8 billion Euros, but by...

North Atlantic Treaty Organization has well trained and qualified personnel, ready at any time to work towards global peace and security. Security interests and the objectives of the Romanian military missions in the current geopolitical context and the obligations undertaken by Romania as a...

Performance contract (PC) is a negotiated agreement, arrived at after a meeting of minds, between a government and a respective ministry, department, agency or a public officer, clearly specifying short-term implementation goals, obligations and responsibilities between the two parties (GOK,...