The second edition of "Public Finance: A Normative Theory" brings new and updated information to this text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics, it addresses the subjects traditionally at the he…
In the Handbook of Public Economics, vol. 5, top scholars provide context and order to new research about mechanisms that underlie both public finance theories and applications. These fundamental subjects follow the recent, steady movement away from rational decision-making and …
La Nouvelle Gestion Publique consiste à gérer l'Administration "au plus près" d'une entreprise privée. Pour cela, elle impose à l'État un objectif de performance et de transparence au profit des citoyens-usagers-contribuables, comparable à ce qu'une entreprise doit à ses actionn…
Funded by taxation, public spending cannot be separated from politics and ensuring efficiency and effectiveness is always high on the political and policy agenda. Accounting, accountability, governance and auditing are essential ingredients in evaluating public sector performanc…
This textbook explores how markets operate and governments' roles in addressing market failures.
Yew-Kwan Ng provides arguments for the exclusive concern with efficiency ("a dollar is a dollar") in all specific areas of public economic policy, leaving the objective of equality to be achieved through the general tax/transfer system. Public policies should ultimately maximize…
In Public Goods, Public Gains, Link and Scott discuss the systematic application of alternative evaluation methods to estimate the social benefits of publicly-financed research and development (R & D). The authors argue that economic theory should be the guiding criterion for an…
