International Public Finance: A New Perspective on Global Relations

Paperback | February 1, 1992

byRuben P. Mendez

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This pathbreaking text develops a seminal theory and discipline of international public finance, for the first time advancing public economics into the international arena. Offering a new post-Cold War approach that combines support for development, the environment, and internationalpeacekeeping, it proposes an original system of global cooperation, resource allocation, taxation, and financing, focusing on the global commons and conflicts between environmental concerns and the economic needs of developing nations. Written to appeal to students at many levels, the book synthesizes and clarifies a wide range of theoretical, historical, and practical issues. It examines the very concept of finance and traces its development through its separation into private and public spheres. It then provides an overview ofpublic finance theory, extending the main elements of the theory into an international context, with discussions of market failures, distributional equity, the political process, and coordination and stabilization among nations. Finally, the author shows how international public finance developedinto its present patchwork of voluntary contributions and oligarchic power structures, and offers instead a comprehensive, systematic approach comprising international taxation, management of the global commons to generate revenues for international use, monetary and other measures, andinternational institutional reform. The book's theoretical framework puts important environmental, economic, and political issues into a fresh perspective, while its practical recommendations cover important subjects usually neglected, including disputed commons such as Antarctica and the SouthernOcean, the deep ocean bed, the high seas, air space, the electromagnetic spectrum, the geostationary orbit, and the pollution of what is apparently our last frontier--outer space--with high-speed "space junk." A pioneering exploration of a topic of vital and growing concern to most of the Earth's people, International Public Finance is a basic resource for a great variety of courses in development, finance, public administration, international relations, and environmental studies.

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From Our Editors

The purpose of this book is to develop a theory and, I hope, a discipline and system of international public finance.

From the Publisher

This pathbreaking text develops a seminal theory and discipline of international public finance, for the first time advancing public economics into the international arena. Offering a new post-Cold War approach that combines support for development, the environment, and internationalpeacekeeping, it proposes an original system of glob...

Ruben P. Mendez is a senior career official of the United Nations Development Programme and adjunct professor at New York University. He has worked as an economist and analyst in private finance and served with the former National Economic Council of the Philippine government.

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Format:PaperbackDimensions:368 pages, 6.06 × 9.17 × 1.06 inPublished:February 1, 1992Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195071956

ISBN - 13:9780195071955

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From Our Editors

The purpose of this book is to develop a theory and, I hope, a discipline and system of international public finance.

Editorial Reviews

"The end of the Cold War, increasing concern for the environment, the need for better disaster relief and poverty alleviation have created new problems and new opportunities. They call for new roles for a revitalized UN and other international organizations; these in turn call for new sourcesof finance for the international action required. So far there have been no systematic treatment and proposals for the new finance and the new action required. This is provided by the author of this book, writing from the vantage point of his experience in the United Nations. It should beindispensable reading for students and policy-makers alike."--H.W. Singer, The Institute of Development Studies at the University of Sussex