Public Economy

Public economy comes around the study of government policy through the lens of economic efficiency and equity. In the broadest interpretation, public economics is the study of economic policy, with particular emphasis upon taxation. The public economics follows naturally from the observation that unregulated economic activity does not lead to a socially optimal outcome. At a very basic level, an economy could not function effectively if there were no contract laws since this would inhibit satisfactory exchange. In addition, although the anarchic equilibrium that would occur without contracts may be in the core of the economy, it need not be particularly stable (Bush and Mayer (1974)). It must therefore be accepted that no economy could operate without law enforcement and that in order for organized economic activity to take place, there must be a clearly defined and enforced set of contract laws. These laws cannot be policed free of cost. There is also a need for the enforcement of more general criminal laws and for the provision of a means of defiance for the nation. These are also costly activities. The best cited journals are peer reviewed scholarly journals of green chemistry. These provide high quality, meticulously reviewed and rapid publication, to cater the insistent need of scientific community. These journals are indexed with all their citations noted. The top open access journals are indexed in SCOPUS, COPERNICUS, CAS, EBSCO and ISI. Review of public administration and management is one of the best cited indexed journals in the field of public economy. This is one of the prestigious and best cited journals through its 15 million readers worldwide. All published articles are permanently archived and available at OMICS Group website in HTML, Digital, Audio and PDF formats. The journal indexed in Cross-ref and Google Scholar. Review of public administration and management is an international Open access journal published by OMICS Group, OMICS, being one of the international icons has been expanding publication services by acquiring different reputed journals from many prestigious publishers worldwide. It has resulted into a repository of 700+ peer-reviewed journals with the efforts and assistance of 50,000+ editorial board members running smoothly with exceptional quality. OMICS has been organizing more than 3000+ International Scientific Conferences every year providing a platform to all community across the globe.
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Last date updated on June, 2014

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