Describe general and categorical grants. Which type of grant is likely to be most effective at increasing public service expenditure? Explain. Are all government provided goods/services public goods? Explain how or why, with the help of examples. ...
The levels of poverty as well as gap between the rich and the poor in developing countries calls for corrective actions. The use of the Generalized Systems of Preferences is one way of improving the economic growth of the developing countries aimed at reducing...