Economics of the Public Sector

Front Matter....Pages i-xxiii
Front Matter....Pages 1-1
Economic Systems and Models....Pages 3-17
National Income....Pages 18-59
Allocation of Resources and Provision of Public Goods....Pages 60-67
Front Matter....Pages 69-69
Public Expenditure....Pages 71-90
Public Expenditure in Practice: The British Experience....Pages 91-110
Front Matter....Pages 69-69
The Theory of Taxation and the Tax System....Pages 113-137
Taxes on Income....Pages 138-168
Taxes on Profits....Pages 169-194
Taxes on Consumption....Pages 195-213
Taxes on Capital....Pages 214-233
Reform of the Tax System, Expenditure Tax and the Meade Report; The European Dimension....Pages 234-242
Taxable Capacity, Incidence of Taxation and the Tax Burden....Pages 243-261
Front Matter....Pages 264-264
Central Government Finance....Pages 265-284
Public Sector Borrowing....Pages 285-304
Local Government Finance....Pages 305-330
Towards the European Union: Objectives, Policies and Finance of the European Community....Pages 331-354
Front Matter....Pages 355-355
Nationalised Industries and Public Sector Enterprises: An Historical Review....Pages 357-375
Privatisation....Pages 376-400
Investment Appraisal....Pages 401-413
Front Matter....Pages 415-415
Fiscal Policy to Stabilise the Economy....Pages 417-433
Front Matter....Pages 415-415
Fiscal Policy in Relation to Employment....Pages 434-451
Fiscal Policy in Relation to Economic Growth and the Standard of Living....Pages 452-458
Fiscal Policy in Relation to Distribution of Income and Wealth....Pages 459-470
Back Matter....Pages 471-484