This report on managing government finances for growth and poverty reduction in Lesotho is centered on three areas of analysis: (i) macroeconomic and fiscal performance and prospects; (ii) inter and intra-sectoral allocation of resources; and (iii) public expenditure and financial management. A...

Why has government grown in so many countries during the twentieth century? We present a simple model of political competition and show how different sources of the growth of government have different effects on the amount and structure of taxes, spending, and regulatory programs undertaken by...