International Tax and Public Finance has published a paper by Riemer Faber and Pierre Koning in which they develop a methodology to estimate the indirect costs of spending a conditional block grant. They estimate that Dutch municipalities have to add about 90 cents from their own resources to spend 1 euro of a grant for welfare-to-work programs. To read more, click here.
Antitrust in the Middle East: New competition laws, and time for more economics?
In the Middle East, competition law is being increasingly enforced and new laws introduced. However, little has been said about how, if at all the role...