Emphasizing policymaking and policy analysis, PUBLIC FINANCE, 2ND Edition uses a variety of applications to deliver modern treatment of everything from overviews and definitions to analysis of advanced topics. The book evenly addresses local, state, and federal issues, and shows you how to use fiscal federalism as a way to analyze public finance and policies. The author also demonstrates the effects of international concerns on domestic public policy, lacing the text with discussions about the IMF, World Bank, Kyoto Protocol, and many other topics that impact all citizens of the world.