Titlebook: Strategic Public Finance; Stephen J. Bailey Textbook 2004Latest edition The Editor(s) (if applicable) and The Author(s) 2004 economy.fundi

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Property Rights and Public Finance,sarily mutually exclusive. Indeed, it will demonstrate that public and private finance can be used to complement each other in the provision of many public services in securing positive and/or negative rights.

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Property Rights and Public Finance,to provide public services. Such questioning is the main purpose of this chapter. It makes clear that public finance and private finance are not necessarily mutually exclusive. Indeed, it will demonstrate that public and private finance can be used to complement each other in the provision of many p

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The Relative Scale of Public Finance,relative to the economy as a whole. However, philosophical stances alone cannot tell us whether public finance is too great, too small or just right. Their guidance is couched in strategic rather than precise terms. Whilst the Libertarian philosophy argues the case for less state intervention and th

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Spending Public Finance,subsidise private sector outputs, for example agricultural production, coal and steel. Moreover, public finance is not the sole source of finance used to support public sector services, private finance being an integral part of public-private partnerships for example. Furthermore, what services cons

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Structural Gaps in Public Finance,blic finance becomes increasingly unsustainable. A structural gap does not necessarily mean that public expenditure is too high or that tax revenues are too low. All a gap indicates is that expenditure is greater than can be sustained by income over an extended period of time. The term ‘structural g