BALANCING ACT: MANAGING THE PUBLIC PURSE

Seizing the Moment

Christoph B. Rosenberg

Good economic times offer an opportunity to tackle budget deficits

Public Finance Goes Digital

Sanjeev Gupta, Michael Keen, Alpa Shah, and Geneviève Verdier

Technology is reshaping how governments raise and spend money

Raising Revenue

Bernardin Akitoby

Five country cases illustrate how best to improve tax collection

Klaus Rudischhauser on taxes and development

Spreading the Wealth

François Bourguignon

Fiscal instruments can reduce inequality, but some yield short-term results while others bear fruit over the long term

The cost of inequality featuring François Bourguignon

Fiscal Politics

Vitor Gaspar and David Amaglobeli

A historic meeting laid the foundations of US finances

The Debt Web

Mark De Broeck, Era Dabla-Norris, Nicolas End, and Marina Marinkov

The interwar period shows how a complex network of sovereign debt can aggravate financial crises

ALSO IN THIS ISSUE

Digital Crusaders

Chris Wellisz

Technology offers weapons for the battle against corruption

Unlocking Public Wealth

Dag Detter and Stefan Fölster

Governments could do a better job managing their assets

Bracing for the Storm

İnci Ötker and Krishna Srinivasan

For the Caribbean, building resilience is a matter of survival

Keith Mitchell on catastrophe risk insurance: Time is not on our hands

Editor's Letter

The Problem with Debt

In many countries, the future has been mortgaged by high public and private debt, which risks choking off growth. In this issue of F&D we ask, “How much is too much debt?”

In the Trenches

E-stonia Takes Off

Toomas Hendrik Ilves explains how digitalization can make people’s lives a whole lot easier

Living in a digital society: e-Estonia

Picture This

Learning Curve

Marie Boursiquot

To realize education’s promise, countries need to prioritize learning, not just schooling

Learning vs schooling

Point of View

Restoring Ethics to Economics

Anthony Annett

Modern economics should return to its roots

Currency Notes

Fiji's Bug Bill

Eszter Balázs

The island nation pays tribute to its rich animal and plant life

Book Reviews

Last Resort: The Financial Crisis and the Future of Bailouts, Eric A. Posner

Reinventing Capitalism in the Age of Big Data, Viktor Mayer-Schönberger and Thomas Ramge

The Mexican Heartland, John Tutino