In the 21st century, the public sector in the nation state has lost some of its insular structure. Its decision-making power has been subjugated to the forces of political and economic liberalism that are sweeping the global economy. This volume provides a framework for the study of spillovers...

The choice of budget policy is often the leading domestic issue facing the electorate and their representatives. The budget-making process involves tax increases, expenditure reduction, and the underlying budget deficit – complex and controversial issues which require the reconciliation of...

A series of case studies examines the theory, evidence and policy experience of privatization in developed and developing nations. These studies focus on the UK, US, Egypt and Jamaica. The book concludes that privatization is an appealingly simple phrase concealing many difficulties and problems...