This paper discusses the role of fiscal policy in market-oriented, or liberalizing, developing countries in a broad perspective of the developing process. It is argued that in countries that choose a rather market-oriented development strategy, the "classical" role of public finance comes into the forefront, i.e., (1) to provide infrastructure and public goods, (ii) to help relative prices reflect opportunity costs, (iii) to contribute to the redistribution...
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1987/01/31
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Documento de trabalho departamental
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DRD212
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1
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1
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2013/06/05
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Disclosed
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Public finance for market-oriented developing countries
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optimum tax
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