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What are pros and cons of alternative sources of revenue?

In this video, Professor Tony Allan outlines the drawbacks of alternative sources of revenues, such as government borrowing and export earnings.

As well as taxation, governments also raise public revenues through borrowing and export earnings. However, there are challenges to these approaches.

Here, Professor Tony Allan outlines the drawbacks of alternative sources of revenues.

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Understanding Public Financial Management: How Is Your Money Spent?

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