The political economy of mandated spending

Article Abstract:

The choice between direct government spending and government mandated private expenditure is studied in relation to facets of public choice, to examine the situation in which the government will probably insist on private sector bodies spending their after-tax resources to satisfy some politically defined aim and the relevance of this decision on the imposition of constitutional fiscal restrictions. Government intervention can become possible only if some constituency supports it. A balanced budget amendment may affect public sector size only marginally.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Do we need the WTO?

Article Abstract:

The author examines the role of the World Trade Organization (WTO) in the liberalization of free trade. Issues include US trade policy and international relations, the conflicting interests of unilateral versus regulatory trade, and the effects of Western nongovernmental organizations on trade policies and the future of the WTO.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

The WTO's special burden on less developed countries

Article Abstract:

This article discusses the effects of international trade policy reform on developed countries, particularly economic costs. Specific reforms agreed on at the Uruguay Round of the World Trade Organization's summit include customs reform, regulation of intellectual property rights, and sanitary measures.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: