This paper attempts to analyze the growth effects of social security expenditures in Germany from a time series perspective. Therefore, a regression model based on standard determinants of growth is specified and estimated as a vector error correction model. Results show that there is a...

Trade-offs between policies that promote economic growth and redistribute wealth are discussed extensively in the literature, both from a public finance perspective and from a macroeconomic angle. In fact, social safety nets are sometimes perceived by government in developing countries as a...

This book is open access under a CC BY license. In this book, Nika Gilauri reveals his formulas for government reform and economic recovery, including how to fight against corruption, reform fiscal policy and tax systems, privatize state-owned enterprises, build a welfare system for those most...

The Comprehensive Development Plan aims to create a sustainable development space and generate opportunities to improve the quality of life of the people of El Salvador, Guatemala, Honduras and south-southeast Mexico, thus making migration a choice rather than an obligation. This is an joined up...

The Comprehensive Development Plan aims to create a sustainable development space and generate opportunities to improve the quality of life of the people of El Salvador, Guatemala, Honduras and south-southeast Mexico, thus making migration a choice rather than an obligation. This is an joined up...

The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do,...

This Country Focus discusses the relation between public investment and economic growth in Poland. Theoretical and empirical work has shown that improvements in the quantity and quality of public infrastructure have a positive impact on growth in the medium and, possibly, in the long run. The...