Introduction The management of a country’s revenue, expenditure, and debt load can be reviewed through various government and quasi-government institutions. The prices are placed under public finance. Every nation on the planet has a system of putting together and distributing public resources. Public finance seems more something to with financial institutions, which it is, but it’s mostly …
Economic growth and development are the major concerns of every government. There is a need to have a system of operation that measures how much the economy has grown and how it can be kept upward. And in this case, public finance plays an important role. Public finance can be a study of government activities, which …
Introduction With the opening of its economy, China has pursued an export-led rapid economic growth development leading to benefits and challenges. The primary benefit was job creation, resulting in 215 million people entering the workforce in the first decade alone due to the labour-intensive nature of producing exports. Tens of millions of workers have still …
During the 2008-2009 Great Recession, many governments rushed to come up with monetary and fiscal policies that shield the economy from falling further. Such policies included lowering the interest rates and offering bonds for firms that were on the brink of collapse. Without these government interventions, it could be very hard for markets to hold …
Public finance is one of the main subjects in economic studies. It deals with the financial activities of a government. That is, how it collects revenues, how it spends public funds, as well as the debt operations and their effects on the economy. The government plays a major role in economic growth and development by …
Understanding Government Taxing, Public finance And Spending Policy Read More »
