ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

United States-Double Threat

March 2, 1985 amenities for the urban poor) is an essential function of the government. However, the attempt to finance such services through resources raised at relatively high rates of interest is bound to prove an unviable proposition. Sooner or later, therefore, pressures will mount to divert more of government expenditure to programmes which yield better financial returns. It is thus inevitable that the class-bias in the government's fiscal policies for raising resources will lead to the same type of bias in the selection of programmes of government expenditure.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top