causes for growth of public finance of wagnar's law
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The theory holds that for any country, public expenditure rises constantly as income growth expands. ... The increase in State Expenditure is needed because of three main reasons. Wagner himself identified these as (i) social activities of the state, (ii) administrative and protective actions, and (iii) welfare functions.
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The theory holds that for any country, public expenditure rises constantly as income growth expands. ... The increase in State Expenditure is needed because of three main reasons. Wagner himself identified these as (i) social activities of the state, (ii) administrative and protective actions, and (iii) welfare functions.
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