663 B
663 B
Public Works Funding Mechanisms
Definition
The various methods by which public infrastructure projects such as roads, bridges, canals, and harbours can be financed, including tolls, local taxes, general revenue, and forced labour.
Source Chapter
Book V, Chapter 1
Context
An analysis of how different funding mechanisms affect the efficiency, equity, and appropriateness of public works, considering the benefits to different groups and the administrative requirements of each method.
Economic Domain
Regulation