Download or read book Public Finance in Small Open Economies written by Michael Howard and published by Bloomsbury Publishing USA. This book was released on 1992-11-24 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an analysis of Caribbean fiscal problems, with particular emphasis on the relationship between high levels of public expenditure and balance of payments problems. The study examines deficit financing, public expenditure growth, and IMF stabilization policies. Other issues raised relate to income distribution and problems of taxation and tax reform. The work focuses on Jamaica, Guyana, Barbados, and Trinidad and Tobago. The economies of the Organization of Eastern Caribbean States are also considered. This work will interest scholars in economics and economic policy-making, especially those in developing countries.