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Corruption has challenged the legitimacy of political institutions that exist today and has led to political unrest in Kenya over the years. Bad governance and a lack of transparency in the public sector is one of the main contributors of corruption in Kenya. This paper delves into corruption...
Persistent link: https://www.econbiz.de/10014125011
Spanish Abstract: Este artículo lleva a cabo una revisión de la literatura académica que estudia los determinantes del tamaño del sector público. En primer lugar, se analizan los modelos clásicos basados en el teorema del votante mediano, en el que las decisiones públicas vienen...
Persistent link: https://www.econbiz.de/10014079742
The first attempts at public-private partnerships (PPP) in Africa were in the rail sector. As part of structural adjustment programme (SAP) in the nineties, the state conceded market power of rail to the private sector. One of the salient projects was Rift Valley Rail (RVR) concession in Uganda...
Persistent link: https://www.econbiz.de/10014112152
The article is about the position of the South African provinces under the Constitution of the Republic of South Africa, and more especially about the question does the South African Constitution guarantee them sufficient revenue as well as powers
Persistent link: https://www.econbiz.de/10014116891
On July 1, 2013, Croatia became the 28th member of the European Union. This achievement crowned more than a decade of macroeconomic and institutional reforms by the Croatian authorities and other stakeholders that yielded important development results. Croatia's institutions are now stronger...
Persistent link: https://www.econbiz.de/10013030947
We expand the investigation of the role of Congress in explanations of government growth, building on the work of Kau and Rubin (2002). In addition to reconsidering the importance of the median ideological position of elected representatives they introduced, we allow for the roles of majority...
Persistent link: https://www.econbiz.de/10004961544
We fully display a cohort model of an economy with an aging population, taking into account varying family size, habit formation, inheritance and credit constraints. Filling the model with numbers, we are able to compare different pension reforms: 1. the base run, 2. the reduced accrual rates,...
Persistent link: https://www.econbiz.de/10008491365
There are two important aspects to take into account while analysing fiscal policy effects on economic growth. First, it should be made clear whether Keynesian short-run or classical long-run effects are the object of interest. Second, the relations between different fiscal and macroeconomic...
Persistent link: https://www.econbiz.de/10005059640
Switzerland is a highly decentralised country with large spending and revenue-raising powers devolved to cantons and municipalities. The federal system, in combination with an extensive use of direct democracy, has contributed to keep public spending at a relatively low level in international...
Persistent link: https://www.econbiz.de/10005045784
Since the early 1990s, when France's general government deficit reached a disturbing 6 per cent of GDP, the country's public finances have progressed substantially, even though significantly further improvement is required. This paper examines the tools available to policy-makers to meet this...
Persistent link: https://www.econbiz.de/10005045837