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Peacock and Wiseman in their theoretical analysis of Public Finance were in no doubt not wrong, as their scientific assertions were based on the law of of consequential and causality. However, their theories had been the conventional way of doing the business of Public Financial Management for the 21st century. But, a new dawn has come, and there is a need to revisit their theories and try something new that can work better in a dynamic global economy that is eager for drastic change in a hurry. This book promises to experiment those fiscal changes that are urgently needed at the moment and beyond in the area of fiscal policy.
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