The literature on factors affecting saving and capital formation in industrialized countries is reviewed, and measurement problems are examined. The effect on the saving rate of real rates of return, income redistribution, allocation of saving between corporations and individuals, growth of...

City finances are inevitably an important part of the public finances in many developing nations. Although cities are the focus for economic development, government revenues generated in the cities frequently flow to higher levels of government rather than to the cities. Questions continually...