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This is a comprehensive analysis: https://www.ucl.ac.uk/bartlett/public-purpose/publications/2022/may/self-financing-state-institutional-analysis https://www.uc
by hgomersall 3y ago
This is a comprehensive analysis: https://www.ucl.ac.uk/bartlett/public-purpose/publications/2022/may/self-financing-state-institutional-analysis https://www.ucl.ac.uk/bartlett/public-purpose/publications/2...
The general case is more or less the same as the UK with only the details varying. As noted elsewhere, this doesn't apply to non sovereign states.