This chapter examines the incidence of changes in the corporate income tax in a global economy in the context of a four-sector (tradable and non-tradable goods produced by both the corporate and the non-corporate sectors) general equilibrium model. It concludes that domestic labor often bears th...
A key capitalist process that relates to, and in some ways underpins, many of the above-mentioned processes is ‘financialisation’. Epstein (2005) refers to financialisation as the ‘increasing role of financial motives, financial markets, financial actors and financial institutions’ in the econ...
Antimicrobial resistance (AMR) causes high levels of global mortality. There is a global need to develop new antimicrobials to replace those whose efficacy is being eroded, but limited incentive for companies to engage in R&D, and a limited pipeline
Privatisation of public services is likely to have had an adverse impact on population health and contributed to the increase in inequities. This review suggests that there is little evidence for the benefits of privatisation, with a need for greater attention to political and commercial determinants ...
The analogy between regulation and tax transcends national and ideological boundaries because all democratic governments have a mandate to regulate, to tax and to spend, and all are limited in these respects by what their national economies can afford. The trick is to deliver the benefits of ...
Elasticity refers to the response of one variable to changes in another variable. The term elasticity is widely used in economics to determine how consumers and sellers respond to changes in prices. Answer and Explanation: The correct answer is: b. revenue. ...
This proposes that a household is in energy poverty if it spends 10% or more of its net income (after tax) before housing costs, on household energy services. A weakness of this indicator is that it includes very wealthy households with over-large, hard-to-heat mansions or even castles ...
When inflation becomes established and pervasive - not just direct price effects of this or that supply shock or tax increase (or combination of them) - it generally doesn't come down all by itself. Expressed in terms of conventional monetary policy, it
Part-time jobs are common among partnered women in many countries. There are two opposing views on the efficiency implications of so many women working part-time. The negative view is that part-time jobs imply wastage of resources and underutilization of investments in human capital since many pa...
claim that system level appropriateness is shaped by system values and priorities for resource allocation and equity [22]. Appropriate care in health systems with tax-based financing (e.g. Italy, Australia, Canada, England) emphasized monitoring cost-effectiveness, while appropriate care in more mark...