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Greening the Budget regards the fundamental cause of environmental degradation as government and market failure and proposes the use of budgets as an instrument of environmental policy to rectify this problem. The book focuses on the elements of the public budget which currently affect the...
Persistent link: https://www.econbiz.de/10011850982
, and Expertise: Causation and Precision in Upland Cotton', World Trade Review, 7 (1), 183-209 -- Gene M. Grossman and …Recommended readings (Machine generated): Bagwell, K. and R.W. Staiger (1999), 'An Economic Theory of GATT', American … the Theory of Optimum Subsidy', Journal of Political Economy, 71 (1), February, 44-50 -- Harry G. Johnson (1965), 'Optimal …
Persistent link: https://www.econbiz.de/10011852300
"This volume provides the most comprehensive estimates of worldwide energy subsidies currently available, drawing on data from 176 countries in the areas of petroleum products, natural gas, coal, and electricity. It lays out an analysis of "how to do" energy subsidy reform, drawing on insights...
Persistent link: https://www.econbiz.de/10010244221
Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging...
Persistent link: https://www.econbiz.de/10014410519
sector’s loan portfolio to eliminate risk, full government guarantee of private sector loans (or deposits) is suboptimal. The …
Persistent link: https://www.econbiz.de/10014395814
Conventional fiscal accounting methodologies do not appropriately account for governments’ noncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large, as evidenced by the United States’ saving and loan crisis. In general, deficit...
Persistent link: https://www.econbiz.de/10014396193