Purpose – This paper aims to investigate whether the concept of the golden rule of capital accumulation is an applicable normative guidepost for a market economy even in the absence of the distortions usually associated with income and consumption taxes. Design/methodology/approach – The...

Purpose – The paper aims to investigate the possible crowding-out of regular development aid by global taxes. Design/methodology/approach – The paper models cross-country interactions in aid giving using a simple Cournot-Nash framework. Findings – The paper argues that global taxes could...

Purpose – This paper aims to investigate whether the concept of the golden rule of capital accumulation is an applicable normative guidepost for a market economy even in the absence of the distortions usually associated with income and consumption taxes. Design/methodology/approach – The...

Purpose – The paper aims to investigate the possible crowding‐out of regular development aid by global taxes. Design/methodology/approach – The paper models cross‐country interactions in aid giving using a simple Cournot‐Nash framework. Findings – The paper argues that global taxes...