Handbook of multilevel finance / edited by Ehtisham Ahmad, Giorgio Brosio

Author : Ahmad, Ehtisham
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Handbook of multilevel finance / edited by Ehtisha...

This Handbook explores and explains new developments in the 'second generation' theory of public finance, in which benevolent rulers and governments have been replaced by personally motivated politicians and the associated institutions. In other words, the normative approach has largely given way to a political economy approach which emphasizes the importance of institutional arrangements and information flows to ensure there are appropriate incentives and sanctions to generate good governance

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Category : Financial Markets
Page : ix, 650 pages
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