 | Public Investment, Public Finance, and Growth: The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability Author/Editor: Christopher Adam, David Bevan. Release Date:May, 2014 Effective public investment requires governments to address the recurrent cost problem to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of more...
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| Fiscal Implications of Trade Liberalization Author/Editor: David Bevan. Release Date:May, 1995 This paper examines the relationship between trade liberalization and the budget deficit, which depends on the specifics of country’s economic structure, and the trade regime which is more...
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