This chapter examines major highlights on macroeconomic and fiscal issues affecting the Kuwaiti economy based on different oil price assumptions. Forecast, analysis and simulations are performed using the Kuwait SCPD macro model. For the Kuwait economy, the author has explored three scenarios...

Main description: Seizing opportunities, inventing new products, transforming markets--entrepreneurs are an important and well-documented part of the private sector landscape. Do they have counterparts in the public sphere? The authors argue that they do, and test their argument by focusing on...

Preface -- Financing the public sector -- Taxation : principles, types, and effects -- The design of tax systems -- Taxation and policy objectives -- Sub-national taxation and fiscal federalism -- Issues in international taxation -- Revenue from foreign aid -- User charges, fees, and...