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groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments …-that of populist pressure on political parties to spend more on the general public good, financed by costly income taxation …
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either compensated or uncompensated measures of the marginal cost of funds can be used to evaluate the costs of taxation …
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By 2025, six major emerging economies--Brazil, China, India, Indonesia, South Korea, and Russia--will account for more than half of all global growth, and the international monetary system will no longer be dominated by a single currency. As economic power shifts, these successful economies will...
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