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Full Description
This book identifies an explanation of why the Jamaican Democratic Socialist experiment under Michael Manley in the 1970s appeared to have failed. It provides an analysis of income, revenue and public finances in Jamaica.
Contents
Preface -- Introduction -- Collection Costs and the Structure of Taxation -- The Financing of Public Expenditures -- Patterns of Savings and Investment -- Trade, Investments and the Distribution of Income -- Public Expansion and Economic Growth -- Summary and Concluding Reflections