Suchergebnisse

Cover -- Half Title -- Title -- Copyright -- Contents -- Foreword -- Acknowledgments -- 1 Decentralization in Infinite Horizon Economies: An Introduction -- 2 Optimal Intertemporal Allocation Mechanisms and Decentralization of Decisions -- 3 On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions -- 4 Characterization of Intertemporal Optimality in Terms of Decentralizable Conditions: The Discounted Case -- 5 Intertemporal Optimality in a Closed Linear Model of Production -- 6 On Characterizing Optimality of Stochastic Competitive Processes -- 7 A Characterization of Infinite Horizon Optimality in Terms of Finite Horizon Optimality and a Critical Stock Condition -- 8 A Necessary Condition for Decentralization and an Application to Intertemporal Allocation -- 9 Decentralized Evolutionary Mechanisms for Intertemporal Economies: A Possibility Result -- 10 Complements and Details -- About the Book and Editor -- List of Contributors.

The collapse of central economic planning in many countries and the breakup of the Soviet Union have put into disarray systems of government revenues and expenditures in those countries. This collection of 16 papers, edited by Vito Tanzi, analyzes the strengths and weaknesses of fiscal policies under the old system of central planning and suggests ways to revitalize those policies in the newly emerging market economies