Public investment in infrastructure and the like do not usually yield direct pecuniary returns to the public exchequer. Instead public capital leads to increases in factor productivity in the private economy. This paper argues that government typically shares in the latter gains via the...

This paper provides an analysis of the utilisation of formal health care and out-ofpocket (OOP) payments in rural areas of Bangladesh. The broader focus of the investigation is to gauge how far Bangladesh has to traverse to achieve universal health coverage (UHC). We used the data from the...

The importance of capital loss offset provisions in a world of risk is well documented in the tax literature. However, the potential deadweight losses owing to imperfect offset has not been fully explored. This article develops a framework, whereby that investigation can be carried out, and uses...

At the beginning of the third millennium, underdevelopment and poverty continue to remain critical problems on a global scale. The purpose of this volume is to explore the various ways in which the institutions of the global economy might rise to the challenges posed by the twin goals of...

This paper analyses inequity in formal health care use in rural Bangladesh using data from a survey conducted of 4010 households drawn from 120 villages. We find that the use of formal health care is incredibly low (40 per cent); about two‐thirds of which is private health care, and only...

Considering broad-based taxes (consumption and income), this paper shows that both savings and risk-taking may be discouraged or left unchanged by proportional taxation with full loss-offsets. The analysis is carried out in a simple two-period model of asset and consumption allocation. These...

This paper analyzes the nexus among risk, deprivation and vulnerability that confront the rural poor in their daily life. It examines the nature of shocks, the consequent economic burden, and the coping mechanisms. It explains how shocks affect deprivation and vulnerability of households to...