work and impact of all development partners would be enhanced if the multiple linkages between public finance, security …, and development were explicitly taken into account. At the extreme, in some cases better public finance management could … development-through the investment climate, human and social capital, and institutions. The authors then propose three …

cycle’s booms and downturns, limiting capacity for emergencies. Corporate capitalism has an incentive to perpetuate deficits … equity capital, which we term macro-equity. This macro-equity will give dividends to its shareholders in times of public …

Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …

Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …