Abstract

Economics & Public Finance support topic page covers issues such as macroeconomic stability, fiscal policy, economic growth, public debt, public finance management (including procurement), financial accountability as well as their practical implications for development programmers, in particular budget support operations but also technical cooperation projects.

Highlights

  • Public finance is the management of a country’s revenue, expenditures, and debt load through various government and quasi-government institutions

  • Components of Public Finance The main components of public finance include activities related to collecting revenue, making expenditures to support society, and implementing a financing strategy

  • There are other types of taxes, which may either be direct tax or indirect taxes, including capital gains tax, corporation tax, consumption tax, inheritance tax, property tax, excise duty, retirement tax, tariffs, wealth tax or net worth tax, toll tax, and poll tax. 4.3 Purposes and Effects Money provided by taxation have been used by states and their functional equivalents throughout history to carry out many functions

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Summary

Croatia Abstract

Economics & Public Finance support topic page covers issues such as macroeconomic stability, fiscal policy, economic growth, public debt, public finance management (including procurement), financial accountability as well as their practical implications for development programmers, in particular budget support operations and technical cooperation projects.

Introduction
The Four “R”s
Tax Incidence
Sales Taxes
Property Taxes
Externalities
Positive Externalities
Negative Externalities
Positional
Inframarginal
Externalities and Efficiency
Conclusion
Full Text
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