Abstract
The question raised in the introduction (Chapter III, § 5) was how far the standards of policy conceived in the present-day theory of public finance are applicable in a less developed economy. A mainly negative conclusion from the analysis would only provide a partial answer. A positive contribution will have to indicate the principles and standards on which the government policy in a less developed economy should be based.
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References
H. C. Wallich, Public Finance in a developing country El Salhador a case study, 1951, p. 220.
Osman Okyar, ‘La théorie Keynesienne et Téconomie sous-developpée,’ Economie Appliquée, Tome IV, 1951, p. 86 ff.
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© 1957 Springer Science + Business Media B.V.
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van Philips, P.A.M. (1957). Limits and Restrictions Imposed on the Traditional Budgetary and Monetary Policy in Less Developed Economies. In: Public Finance and Less Developed Economy. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-0828-5_11
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DOI: https://doi.org/10.1007/978-94-015-0828-5_11
Publisher Name: Springer, Dordrecht
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