Between the Mystical and the Earthly: Public Money, an Old Concept but a New Vision of Its Use in Public Finances in Mexico

12 Pages Posted: 21 Oct 2018

See all articles by Carlos Medel-Ramírez

Carlos Medel-Ramírez

Instituto de Investigaciones y Estudios Superiores Económicos y Sociales - Universidad Veracruzana

Hilario Medel-Lopez

Universidad Veracruzana

Date Written: September 27, 2018

Abstract

The concept of public money is central to the study of modern public finances, however it is recognized that it is a complex and difficult concept to identify. A first reflection is required, what is public money?

An interpretation from the legal perspective and later from the political perspective of public money will allow us to approach this response.

This is a first distinction to address the public nature of public finances, since its object of study is public money, and consequently, the administration of public resources. On the other hand, it allows the legal framework of financial, fiscal, economic and administrative policy decisions that sustain the operation of public management.

Keywords: Public Money, Public Finance, Poverty, Modern Public Finances, Financial, Fiscal, Economic and Administrative Policy Decisions, Government Policy and Regulation

JEL Classification: JEL, G18

Suggested Citation

Medel-Ramírez, Carlos and Medel-Lopez, Hilario, Between the Mystical and the Earthly: Public Money, an Old Concept but a New Vision of Its Use in Public Finances in Mexico (September 27, 2018). Available at SSRN: https://ssrn.com/abstract=3256616 or http://dx.doi.org/10.2139/ssrn.3256616

Carlos Medel-Ramírez (Contact Author)

Instituto de Investigaciones y Estudios Superiores Económicos y Sociales - Universidad Veracruzana ( email )

AV Dr. Castelazo Ayala
Xalapa, 91000
Mexico

HOME PAGE: http://www.uv.mx/personal/cmedel/semblanza-curricular/

Hilario Medel-Lopez

Universidad Veracruzana ( email )

Mexico

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
36
Abstract Views
616
PlumX Metrics