The Costs of Fiscal Inflexibility
نویسندگان
چکیده
منابع مشابه
Fiscal constraints, collection costs, and trade policies
That free trade allows an economy to achieve the highest possible welfare in an ideal world is one of the few undisputed propositions in the economics profession. Yet, in reality, there is virtually no country that practices free trade. There are roughly three types of (not mutually-exclusive) reasons that explain why trade barriers are so prevalent. First, there are theories that show restrict...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2006
ISSN: 1556-5068
DOI: 10.2139/ssrn.941113