give five reasons for the for the growth of public expenditure in recent times ...
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Some of the main causes of public expenditure growth are: 1. Income Elasticity and Increase in Per Capita Income 2. Welfare State Ideology and Wagner’s Law 3. Effects of War and the Need for Defence 4. Resource Mobilisation and Ability to Finance 5. Inflation 6. The Role of Democracy and Socialism 7. The Urbanisation Effect 8. The Rural Development Effect 9. The Population Effect 10. The Growth of Transport and Communication 11. The Planning Effect.
lekshmisantosh2003:
what are the reasons for the growth of the public expenditure ??
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