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BOOK REVIEW: "Review of Public Finance: An International Perspective" by Joshua E. Greene

BOOK REVIEW: "Review of Public Finance: An International Perspective" by Joshua E. Greene The Singapore Economic Review, Vol. 58, No. 1 (2013) 1380001 (3 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590813800015 BOOK REVIEW Published 4 March 2013 Review of Public Finance: An International Perspective by Joshua E. Greene, World Scientific Publishing Company, 2012. 479 pp. ISBN-13: 978-981-4365-04-8. This new textbook on public finance takes a novel approach to the subject. Rather than focusing on the US or the UK, as many existing textbooks do, the book takes the “international perspective” in its title seriously: the examples and case studies in the text come from a wide variety of countries, including many developing ones too. Indeed, its coverage of usually neglected topics such as state enterprises and privatization, fiscal policy’s role in alleviating poverty and administrative complexity and costs, increases the appeal of this book over existing texts for readers interested in the public economics of less-developed countries. More generally, the overall coverage of topics is radically different from the usual. The introductory chapter points to the standard market failures to explain government inter- vention in modern economies, but it also adds macroeconomic stabilization, a role that has hitherto been considered within the scope of macro- rather than public economics. Indeed, this http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Singapore Economic Review World Scientific Publishing Company

BOOK REVIEW: "Review of Public Finance: An International Perspective" by Joshua E. Greene

The Singapore Economic Review , Volume 58 (01): 1 – Mar 1, 2013

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Publisher
World Scientific Publishing Company
Copyright
Copyright ©
Subject
Book Reviews
ISSN
0217-5908
eISSN
1793-6837
DOI
10.1142/S0217590813800015
Publisher site
See Article on Publisher Site

Abstract

The Singapore Economic Review, Vol. 58, No. 1 (2013) 1380001 (3 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590813800015 BOOK REVIEW Published 4 March 2013 Review of Public Finance: An International Perspective by Joshua E. Greene, World Scientific Publishing Company, 2012. 479 pp. ISBN-13: 978-981-4365-04-8. This new textbook on public finance takes a novel approach to the subject. Rather than focusing on the US or the UK, as many existing textbooks do, the book takes the “international perspective” in its title seriously: the examples and case studies in the text come from a wide variety of countries, including many developing ones too. Indeed, its coverage of usually neglected topics such as state enterprises and privatization, fiscal policy’s role in alleviating poverty and administrative complexity and costs, increases the appeal of this book over existing texts for readers interested in the public economics of less-developed countries. More generally, the overall coverage of topics is radically different from the usual. The introductory chapter points to the standard market failures to explain government inter- vention in modern economies, but it also adds macroeconomic stabilization, a role that has hitherto been considered within the scope of macro- rather than public economics. Indeed, this

Journal

The Singapore Economic ReviewWorld Scientific Publishing Company

Published: Mar 1, 2013

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