PUBLIC FINANCE REVIEW
Scope & Guideline
Advancing Knowledge in Economic Governance
Introduction
Aims and Scopes
- Public Policy Analysis:
The journal critically examines the implications of government policies on fiscal outcomes, incorporating empirical evidence and theoretical frameworks to assess their effectiveness. - Fiscal Sustainability and Management:
A core area of focus is the sustainability of public finances, including the management of public debt, fiscal rules, and the impacts of crises on fiscal health. - Taxation and Revenue Generation:
The journal addresses issues related to taxation, including tax policy design, incidence, compliance, and the effects of tax reforms on economic behavior and equity. - Corruption and Governance:
Research on the relationship between public finance and corruption, analyzing how fiscal policies can mitigate or exacerbate corruption in various contexts. - Public Expenditure and Service Delivery:
The journal explores the efficiency and effectiveness of public spending, including the impacts of fiscal decentralization and the allocation of resources to public goods and services. - Behavioral Economics in Public Finance:
Utilizing insights from behavioral economics, the journal investigates how psychological factors influence taxpayer behavior, public spending decisions, and fiscal policy outcomes.
Trending and Emerging
- Impact of Crises on Public Finance:
Recent publications have increasingly focused on the fiscal implications of crises, such as the COVID-19 pandemic and natural disasters, highlighting the need for resilient fiscal strategies. - Behavioral Insights into Taxation:
There is a growing emphasis on understanding taxpayer behavior through behavioral economics, exploring how psychological factors influence tax compliance and policy effectiveness. - Public Finance and Corruption Dynamics:
Research examining the interplay between public finance and corruption has gained momentum, particularly studies that analyze how fiscal policies can be designed to mitigate corruption risks. - Decentralization and Local Governance:
Emerging themes include the effects of fiscal decentralization on local governance and financial management, reflecting the importance of local contexts in public finance. - Innovative Financing Mechanisms:
The journal has seen an increase in studies exploring innovative financing tools, such as public-private partnerships and new revenue models for public services, indicating a shift towards more creative fiscal solutions.
Declining or Waning
- Static Tax Policy Models:
Research focusing solely on static models of tax policy has decreased, as the journal increasingly emphasizes dynamic and behavioral approaches that account for changing economic conditions. - Generalized Fiscal Policy Theories:
There has been a waning interest in generalized theories of fiscal policy that do not consider specific contextual factors, with more emphasis now placed on empirical case studies and context-driven analyses. - Traditional Public Expenditure Studies:
Studies that merely catalog public expenditure without assessing efficiency or outcomes have become less frequent, reflecting a shift towards more analytical approaches that evaluate the effectiveness of spending. - Historical Comparisons of Tax Systems:
Research focusing on historical comparisons of tax systems without contemporary relevance has seen a decline, as current issues such as sustainability and equity take precedence.
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