Draft 03.24.09 The Questionable Case for Subsidies Regulation: A Comparative Perspective
نویسنده
چکیده
Government assistance to business enterprise is ubiquitous. Much of what governments do – from highway construction to educational funding to the administration of the courts to direct fiscal outlays to firms – directly or indirectly promotes business activity. At the same time, governments discourage business activity by imposing costs on firms in the form of taxes and regulatory requirements. The net impact of government on business activity in any context thus reflects a complex web of benefits and burdens.
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