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Full-Text Articles in Macroeconomics
State Institutionalization, Governance And Decision Making In Sudan, Professor Issam A.W. Mohamed
State Institutionalization, Governance And Decision Making In Sudan, Professor Issam A.W. Mohamed
Professor Issam A.W. Mohamed
The study here presented reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic planning, executing them through ministries and conduct the follow-ups. Department of decision-making was created and packages for data collection and analyses were improvised. However, all these structures seem skeletal as the final decisions structurally seem to be lost between the Presidency Institution and the executive institutions. An introduced flowing chart indicates that the cycle of all decisions end up at …
Voodoo Multipliers Revisited: Public Policy For Recessions And Boomtimes, Philip E. Graves
Voodoo Multipliers Revisited: Public Policy For Recessions And Boomtimes, Philip E. Graves
PHILIP E GRAVES
There is no abstract for this brief column.
Optimal Public Goods Provision: Implications Of Endogenizing The Labor/Leisure Choice, Nicholas E. Flores, Philip E. Graves
Optimal Public Goods Provision: Implications Of Endogenizing The Labor/Leisure Choice, Nicholas E. Flores, Philip E. Graves
PHILIP E GRAVES
Conventional analysis of public goods provision aggregates individual willingness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the lahor-leisure decision by explicitly considering leisure demand in a model of public goods provision. We consider benefit analysis of public goods provision and find that increments of the public good will generally be under-valued using conventional analysis while decrements to the public good (rare in public good settings) will be overvalued (JELC91,D61,Q5I)