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This paper presents a two-region endogenous growth model to analyze the strategic interactions between national policymakers regarding the financing of local and global public goods, particularly in the context of pandemic preparedness. It highlights the welfare gains from tax policy coordination, revealing that cooperation can improve welfare by internalizing cross-border externalities, although it may also lead to a smaller share of spending on global health initiatives. The findings emphasize the importa

Author

andrea.smota

Language

EN