The level of public spending on agriculture in Nigeria remains low regardless of the indicator used. Agricultural spending as a share of total federal spending averaged 4.6 percent between 2008 and 2012 and has been trending downward precipitously. In contrast, Nigeria recorded an annual average...

The Scheduled Castes form 16 percent of the population yet their issues have largely remained silent. It’s high time to bring into line the discord between election commitments and budgetary allocations for the backward sections

This paper studies the evolution of the Southern African Customs Union (SACU), tracing it from its inception in 1889 as the Customs Union Convention, the world’s first customs union, to its current status. While the union has operated under different agreements, which have been negotiated...

The objective of this paper is to analyze the evolution of Romania’s public expenditure during the period 1995-2009. Expenditure analysis involves tracking their evolution in absolute and relative size, determining the share of public expenditure within the GDP, as well as determining the...

Decision making to determine government support policy for agro-energy industry can be assisted by mathematical programming and Multiple Criteria procedures. In this case study, tax credit policy in the French bio-fuel industry producing ethanol and esters is determined. Micro-economic models...

In contemporary society, the economy is the main pillar on which the state is based and life society is directly influenced by its evolution.So, development, or rather growth affects the smooth running of things, but this in turn is influenced by the decisions taken by individuals from...

The study aims to analyze the dynamics of public expenditure produced within the European Union, especially in Romania, and Member States' budgetary choices, given the challenges faced during 2008 - 2013 due to the installation of austerity caused by the global economic crisis. It is also...

This paper reviews the main conceptual issues regarding the notion of Opportunity Cost of Public Funds (OCPF) and its use in normative economics. This notion occupies only a marginal and sometimes anecdotal role in the public economic literature and appears to be too often used without the...

In this paper we study why the misallocation of resources across different productive sectors tends to persist over time. To this end we propose a general equilibrium model that delivers two structural relations. On the one hand, the public expenditure distribution influences the future sectoral...

The paper analyses the dynamic interaction between the public sector expenditure and national income in India for the period 1960-61 to 1996-97. It finds a stable long-run relationship between public sector expenditure and national income in India, with the causality running strictly from the...