Financing Public Sector Development Expenditure: The Asian Experience
The public sector has played a key role in the economies of Asian developing countries. Most of these countries, after achieving politicial independence, embarked on national economic development plans involving ambitious investment programs. The need for building up physical and social infrastructu...
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| Format: | Article |
| Language: | English |
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World Scientific Publishing
1987-01-01
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| Series: | Asian Development Review |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S011611058700006X |
| _version_ | 1797793783000072192 |
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| author | Kedar N. Kohli |
| author_facet | Kedar N. Kohli |
| author_sort | Kedar N. Kohli |
| collection | DOAJ |
| description | The public sector has played a key role in the economies of Asian developing countries. Most of these countries, after achieving politicial independence, embarked on national economic development plans involving ambitious investment programs. The need for building up physical and social infrastructure and the risks associated with large industrial investments in the absence of developed capital markets provided the rationale for the active participation of the public sector in the development process. Also, it was considered that the involvement of the public sector was necessary to generate sufficient domestic savings through budgetary surpluses and profits of public enterprises to finance development expenditures… |
| first_indexed | 2024-03-13T02:53:17Z |
| format | Article |
| id | doaj.art-305206a28a504ceb9382e12aef8d1db6 |
| institution | Directory Open Access Journal |
| issn | 0116-1105 1996-7241 |
| language | English |
| last_indexed | 2024-03-13T02:53:17Z |
| publishDate | 1987-01-01 |
| publisher | World Scientific Publishing |
| record_format | Article |
| series | Asian Development Review |
| spelling | doaj.art-305206a28a504ceb9382e12aef8d1db62023-06-28T08:27:11ZengWorld Scientific PublishingAsian Development Review0116-11051996-72411987-01-01050213010.1142/S011611058700006XFinancing Public Sector Development Expenditure: The Asian ExperienceKedar N. KohliThe public sector has played a key role in the economies of Asian developing countries. Most of these countries, after achieving politicial independence, embarked on national economic development plans involving ambitious investment programs. The need for building up physical and social infrastructure and the risks associated with large industrial investments in the absence of developed capital markets provided the rationale for the active participation of the public sector in the development process. Also, it was considered that the involvement of the public sector was necessary to generate sufficient domestic savings through budgetary surpluses and profits of public enterprises to finance development expenditures…https://www.worldscientific.com/doi/10.1142/S011611058700006X |
| spellingShingle | Kedar N. Kohli Financing Public Sector Development Expenditure: The Asian Experience Asian Development Review |
| title | Financing Public Sector Development Expenditure: The Asian Experience |
| title_full | Financing Public Sector Development Expenditure: The Asian Experience |
| title_fullStr | Financing Public Sector Development Expenditure: The Asian Experience |
| title_full_unstemmed | Financing Public Sector Development Expenditure: The Asian Experience |
| title_short | Financing Public Sector Development Expenditure: The Asian Experience |
| title_sort | financing public sector development expenditure the asian experience |
| url | https://www.worldscientific.com/doi/10.1142/S011611058700006X |
| work_keys_str_mv | AT kedarnkohli financingpublicsectordevelopmentexpendituretheasianexperience |