Since the 1970s, public debt has not displayed a stable trend and increases in public debt ended with debt crisis in many countries. Socio-political instability has significant effects on public spending and borrowing ...

In this study, Turkey’s fiscal space is estimated by using Ostry et al. (2010) approach. It is aimed to contribute to literature by estimating fiscal space of a developing country for the first time with this approach. ...

Health care expenditure has a highly increasing trend, distinguished through the effects of many different factors including changes in the income and population structure, technological progress and growing great expectations ...

Since it is not possible to increase the tax revenues in the short term due to structural problems in the developing countries, the current tax capacity needs to be used at the best level in order to meet the resource ...