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This volume deals with the problems associated with the design and reform of the tax system. The traditional theory of optimal taxation and reform ignores some important, real-world constraints, such as transaction and administration costs, demographic changes…

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Hardcover | German

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Environmental policy is high on the political agenda in many countries. Considering the various dimensions of environmental quality as public goods, Sandmo identifies the failures of the market mechanism in the face of environmental problems and shows how…
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In this ambitious book, the authors challenge mainstream economic theory to present a new theoretical concept on modern economic reality. The book reveals in detail the key notions of the sociodynamic multiplier and the rational behavior of the state.

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First comprehensive book on all structured finance products Complete information on technical features, roles played by intermediaries, market in terms of demand and offer Clear structure of the book makes it suitable as a textbook for students and as a reference…

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Most countries emerged from the Second World War with capital accounts that were closed to the rest of the world. Since then, a process of capital account opening has occurred, with the result that all developed and many emerging-market countries now have capital…

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This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We…