Name: Fiscal Policy in Focus (Routledge Focus on Management and Society) (en Inglés)
SKU: 64308939
Price: 1202.92 MXN
Availability: InStock
Author: Soumyen Sikdar
ISBN: 9781032955421

portada Fiscal Policy in Focus (Routledge Focus on Management and Society) (en Inglés)

Fiscal Policy in Focus (Routledge Focus on Management and Society) (en Inglés)

Formato

Libro Físico

Editorial

Routledge Chapman Hall

Autor

Soumyen Sikdar

Idioma

Inglés

Encuadernación

Tapa Dura

ISBN13

9781032955421

Fiscal Policy in Focus (Routledge Focus on Management and Society) (en Inglés)

Soumyen Sikdar (Autor) · Routledge Chapman Hall · Tapa Dura

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Reseña del libro "Fiscal Policy in Focus (Routledge Focus on Management and Society) (en Inglés)"

The majority of economists today are opposed to allowing governments a significant role in economic affairs. In particular, demand management and redistributive policies are frowned upon, and supply-side policies (that concentrate on enhancing the profitability of business operations) are advocated as the only legitimate channels of government action. The possibility of 'government failure' in the economic sphere is endlessly emphasised.The book argues that this view is only partially correct, at best. To make development inclusive and sustainable over the long run, the state must step in as an active enabler and regulator of private initiative. In a good society, the public-private relationship should be complementary, not adversarial. The enabler-regulator duty of the government cannot be effectively discharged with only supply-side and monetary instruments. Well-designed, effectively implemented fiscal action is indispensable for promoting social welfare with its twin aspects of efficiency and distributive justice.Within a short compass, the strengths and limitations of tax expenditure policies in managing the economy are discussed in non-technical language, keeping the 'government failure vs market failure' debate as a focal point.