Showing 1 - 8 of 8
This paper analyses the average taxpayer's demand for merit goods, namely, education and health, in Mauritius, a small developing island state. To study these development-related goods, a fresh methodology is employed that captures the characteristics of the Mauritian economy. The empirical...
Persistent link: https://www.econbiz.de/10009222792
As a sub-Saharan country, Mauritius has been branded a success story in terms of its sustained economic growth performance, with major improvements in the living standards of its population at large over the past few decades. This paper has the objectives of revisiting this success story,...
Persistent link: https://www.econbiz.de/10009208086
As a sub-Saharan country, Mauritius has been branded a success story in terms of its sustained economic growth performance, with major improvements in the living standards of its population at large over the past few decades. This paper has the objectives of revisiting this success story,...
Persistent link: https://www.econbiz.de/10005141133
External and internal development funds may be substitutes or complementary in financing development projects. We construct a welfare-maximizing model of a community, explicitly incorporating the decision-makers' choice between internal and external resources for development purposes. The model...
Persistent link: https://www.econbiz.de/10005496041
This study argues that the environmental Kuznets curve (EKC) can be shaped as a logistic curve rather than a mere quadratic equation. Instead of being modelled as a polynomial of degree two, the EKC can be characterized by a polynomial of degree three. The inverted-U shape remains. However, in...
Persistent link: https://www.econbiz.de/10005437783
This paper addresses donors’ policy of providing external assistance to developing countries using an inter-temporal framework, over a finite horizon. While the framework adopted tracks the motivation of providing fore ign aid, it is altogether consistent with the paradigm of forward-looking...
Persistent link: https://www.econbiz.de/10011213284
This paper contributes to the literature on foreign aid by exclusively explaining a donor’s motivation for foreign external assistance. The underlying framework focuses on recipients’ needs for foreign aid to address income inequality as and when growth occurs. A tax-subsidy policy...
Persistent link: https://www.econbiz.de/10005256576
Sub-Saharan Africa is concurrently characterised by low institutional quality and large-sized government sectors and both may keep the cost of doing business high. This paper revitalises the political economy literature on growth of governments in highlighting the essence of upgrading...
Persistent link: https://www.econbiz.de/10011136596