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This study explores the ‘affordability’ of development targets in six key sectors (health, education, water and sanitation, agriculture and infrastructure), by means of an empirical study examining sectoral expenditure in five low income case study countries in sub-Saharan Africa (Ethiopia,...
Persistent link: https://www.econbiz.de/10008805454
The Greek parliamentary elections in January .2015 led to a foreseeable change in government. The coalition government between the conservative Nea Dimokratia and of the socialist PASOK, become replaced. by a coalition government between the left wing coalition party SYRIZA and the extreme...
Persistent link: https://www.econbiz.de/10011185382
This paper compares the stochastic behavior of fiscal variables under optimal fiscal policy for the cases of full commitment by the government (Ramsey problem) and no commitment by the government (focusing on differentiable Markov perfect equilibrium). It shows that the cyclical properties of...
Persistent link: https://www.econbiz.de/10011264814
We find that the contemporary version of the dynamic Ramsey problem omits one important variable that we take into consideration in this paper. The effect of introducing of this variable into the analysis of dynamic inconsistency is similar to that of introducing expected inflation into the...
Persistent link: https://www.econbiz.de/10005836298
I present a tractable dynamic model of political economy where disagreements about the composition of public spending result in implementation of short-sighted policies. The relative price of investment to consumption is excessively large in equilibrium due to over-taxation. Investment rates are...
Persistent link: https://www.econbiz.de/10008680294
When the government must decide not only on broad public-policy programs but also on the provision of group-specific public goods, dynamic strategic inefficiencies arise. The struggle between opposing groups–that disagree on the composition of expenditures and compete for office–results in...
Persistent link: https://www.econbiz.de/10008680308
The efficiency of Turkish health system, which was restructured by the health transformation framework, depends on the mutual compliance of both health service providers and demanders. The future and success of the new health system may be determined by solving problems that were generated from...
Persistent link: https://www.econbiz.de/10011259508
This study investigates the impact of recent crises in Argentina (including the severe downturn of 2001–02) on health and education outcomes. The identification strategy relies on both the inter-temporal and the cross-provincial co-variation between changes in regional GDP and outcomes by...
Persistent link: https://www.econbiz.de/10011259710
This paper examines the political economy of emerging infectious disease (EID) surveillance programs. It provides lessons learned for U.S. military medical research laboratories collaborating with developing countries and is comprised of four case studies: Kenya (U.S. Army Medical Research...
Persistent link: https://www.econbiz.de/10011261057
In the last decade, Italy has experienced a considerable decentralization of functions to the regions. This transformation has been especially relevant for the National Health System that has de facto assumed a federal system design. The federal reform aimed at disciplining public health...
Persistent link: https://www.econbiz.de/10005014951