I. The Welfare State.- Chapter1 The Fiscal Crises in Welfare Democracies with Some Implications for Public Investment.- Chapter2 Comments on James M. Buchanan's Paper.- Chapter3 Social Security and Economic Growth-Implications for East Asia.- II. Public Investment and Economic Growth.- Chapter4 Corruption, Public Investment, and Growth.- Chapter5 Modeling Government Investment and Economic Growth-A Review and Some New Evidence.- Chapter6 Tax Evasion as a Disciplinary Mechanism for Fiscal Policy.- III. Inter-Governmental Relations.- Chapter7 Public Investment Issues and Efficient Climate Change Policy.- Chapter8 Decentralized Government and Macroeconomic Control.- Chapter9 Foreign Direct Investment-Rules versus Discretion.- IV. Tax Competition and Foreign Direct Investment.- Chapter10 Foreign Direct Investment and Tax Competition in Southeast Asia.- Chapter11 Investment Distinctions-The Effect of Taxes on Foreign Direct Investment in the U.S..- V. Foreign Investment in Transitional Economies.- Chapter12 Investment Crisis in Post-Soviet Russia.- Chapter13 The Infrastructure Development and Foreign Direct Investment in China.- VI. Intergovernmental Transfer Systems.- Chapter14 An Equalization Transfer System in Japan.- Chapter15 Fiscal Federalism in Australia.