Public Finance In Small Open Economies

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Overview

This book presents an analysis of Caribbean fiscal problems, with particular emphasis on the relationship between high levels of public expenditure and balance of payments problems. The study examines deficit financing, public expenditure growth, and IMF stabilization policies. Other issues raised relate to income distribution and problems of taxation and tax reform. The work focuses on Jamaica, Guyana, Barbados, and Trinidad and Tobago. The economies of the Organization of Eastern Caribbean States are also considered.

This work will interest scholars in economics and economic policy-making, especially those in developing countries.

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Product Details

  • ISBN-13: 9780275942052
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 11/30/1992
  • Pages: 208
  • Lexile: 1380L (what's this?)
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.50 (d)

Meet the Author

MICHAEL HOWARD is a senior lecturer in the Department of Economics, University of the West Indies, Cave Hill, Barbados.

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Table of Contents

Tables
Preface
1 The Role of Government in Small Developing Countries 1
2 Deficit Financing in the Caribbean 15
3 Public Expenditure Analysis 35
4 Public Enterprise and Privatization 55
5 Stabilization Policy 69
6 External Debt 83
7 Income Inequality and Social Security 91
8 Aspects of Caribbean Tax Systems 109
9 Tax Reform 129
10 Budgeting and Planning 145
11 Fiscal Analysis of the OECS Countries 159
12 Lessons from the Caribbean Fiscal Experience 165
Bibliography 169
Index 183
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