We study the choices of two types of maximizing Public Servants over how far to carry privatization of industries and in what order to privatize. Two stylizations of the Public Servant's objectives are considered, a Niskanen-style Bureaucrat who maximizes a surplus budget subject to the constraint of staying in office, and a Populist who maximizes popularity/consumer welfare subject to the cons...

Several football stadiums were built or renovated in France for hosting the 2016 UEFA European Football Championship. This study examines to what extent financial support by local governments stadium construction renovation induces soft budget constraints (SBC) professional sports clubs. We address research question based on a quantitative case context of and eight that took place between 2012 ...

The purpose of the article related to public involvement in budget disclosure, known as participatory budgeting, shows more terms opportunities and challenges faced by a decentralized country, where actors it participate making decisions through budgeting formulation. This issue is focused on transparency not only encourage involvement, but very necessary for transparency. However, this engagem...

This paper analyzes regulatory design for agroecosystem management on public rangelands. We present an informational and institutional environment where three of the most prominent regulatory instruments on public rangelands – input regulation, cost-sharing/taxation, and performance regulation – can be defined and compared. The paper examines how the optimal regulation is shaped by the informat...

This paper assesses recent theorising and empirical evidence on the impact of fiscal policy—taxes, public expenditures and budget deficits—on long-run growth. It considers the relevance of recent advances in growth theory for low-income countries and compares the evidence for low-income countries with that for middleand highincome (OECD) countries. Recent advances in endogenous growth theory ha...