Contemporary Western Public Finance

Author: Liu Yufei
Publisher:
Publish Date: 2003-12-01
Features: This book is divided into three main parts. The first part elaborates on the necessity of the public sector from the perspectives of market failure, the objectives, functions, and tools of public economics, and the provision of public goods. The second part studies the structure, scale, and effectiveness of public expenditures. The third part analyzes theories related to the equity and efficiency of public revenue, optimal taxation, tax incentives, and tax evasion. The book has a well-structured layout, clear arguments, and fluent writing, incorporating the latest achievements of contemporary Western fiscal theory. It is an excellent textbook on public finance.