Asquer Public Sector Revenue

Principles, Policies and Management
Erscheinungsjahr 2017
ISBN: 978-1-315-44098-9
Verlag: Taylor & Francis
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 150 Seiten

In this time of acute financial pressure on public budgets, there is an increasing interest worldwide in alternative ways for governments to raise money, and how public authorities can develop the capacity to administer revenues efficiently and effectively. Taxation, the primary source of public revenue, is exposed to various threats, such as tax avoidance, tax evasion, and international tax competition. Alternative sources of public revenues – such as user fees and charges, concessions and franchises, public-private partnerships, state-owned enterprises, and the exploitation of natural resources – have much potential but are rarely carefully designed and harnessed.

Public Sector Revenue: Principles, Policies and Management sets itself apart from other textbooks through its exclusive focus on the revenue side of public financial management. It provides the reader with the theoretical foundations and practical tools to understand the generation and management of revenues in the public sector, and it weaves a wide range of international examples throughout the text. Students will also benefit from a companion website with supplements including test questions and answers to the end-of-chapter discussion questions inside the book.

This textbook will be essential reading for students, managers and policymakers within the areas of public financial management, public sector accounting and public administration.

Autoren/Hrsg.

Asquer, Alberto

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Öffentliches Finanz- und Rechnungswesen

Inhaltsverzeichnis

Public Sector Revenue: Principles, Policies, and Management

Alberto Asquer

Table of Contents



Preface

Chapter 1 Financing the public sector

- Public sector spending

- The reasons for public spending

- Funding public spending

- Forms of public sector revenue: an overall framework

- Public sector revenue and fiscal stability

- Budgeting public sector revenue

- Conclusions

Questions for discussion



Chapter 2 Taxation: principles, types, and effects

- Principles of taxation

- Direct and indirect taxation

- General trends in taxation

- Tax incidence and other effects of taxation

- The political economy of taxation

- Conclusions

Questions for discussion



Chapter 3 The design of tax systems

- Optimal tax theory

- Progressive and flat income tax

- The optimal taxation of capital

- Corporate taxation

- Externalities and Pigouvian taxes

- Reforming tax systems

- Conclusions

Questions for discussion



Chapter 4 Taxation and policy objectives

- Taxation as a policy tool

- Redistributing income

- Stimulating economic growth and stabilisation

- Promoting economic development

- Correcting behaviour

- Conclusions

Questions for discussion



Chapter 5 Sub-national taxation and fiscal federalism

- Fiscal decentralisation

- The politics of fiscal federalism

- Types of sub-national government revenue

- Inter-governmental transfers

- Fiscal decentralisation in developing and transition countries

- The effects of fiscal decentralisation

- Conclusions

Questions for discussion



Chapter 6 Issues in international taxation

- Taxation in the international context

- Tax competition

- International tax avoidance and tax evasion

- Tax heavens

- International tax cooperation

- Taxing the digital economy

- Conclusions

Questions for discussion



Chapter 7 Revenue from foreign aid

- Tendencies in foreign aid policies

- Kinds of foreign aid

- The political economy of foreign aid

- The effectiveness of foreign aid

- Conclusions

Questions for discussion



Chapter 8 User charges, fees, and public-private partnerships

- Revenue from market-like transactions

- Health care

- Higher education

- Water services

- Setting user charges and fees

- Tariff regulation

- Public-private partnerships

- Conclusions

Questions for discussion



Chapter 9 Franchises, concessions, licenses and privatisation

- Franchises and concessions

- Designing franchise and concession contracts

- Revenue from licensing assets and activities

- Privatisation of public assets and state-owned enterprises

- Conclusions

Questions for discussion



Chapter 10 Exploitation of natural resources

- Revenue from natural resources

- Tools for raising revenue from natural resources

- Revenue sharing across layers of government

- The resource curse

- Revenue from woodland, forests, and fisheries

- Spending and investing revenue from natural resources

- Conclusions

Questions for discussion



Chapter 11 Borrowing and public debt

- Public sector borrowing

- The cost of borrowing

- Internal and external public debt

- Fiscal illusion

- Rules for fiscal sustainability

- Conclusions

Questions for discussion



Chapter 12 Seignorage

- The right of the lord

- Seignorage and inflation tax

- Seignorage from the internationalisation of currencies



Glossary

Bibliography

Über Autor(innen)

Alberto Asquer is Director of the Centre for Financial and Management Studies of SOAS University of London. He holds a MSc and PhD from the London School of Economics. His research interests are regulation and governance, public management, and public financial management.