Search

The article discusses the spending policies of Mexico's President, Andres Manuel Lopez Obrador (AMLO). Topics include despite expectations of reckless spending, he has been relatively frugal; his parsimony had led to underinvestment; and it impacted the crucial sectors, weakened democracy and hindered economic growth, despite his popularity.

The article reports that the U.S. House of Representatives is still without a speaker. Various options, including empowering interim speaker Patrick McHenry to handle legislative business, are being considered to address the ongoing Republican impasse and impending legislative deadlines. This short-term fix could help avoid a government shutdown and facilitate bipartisan initiatives.

The article discusses how U.S. state governors are benefiting from funds being provided by the federal government amidst the Covid-19 pandemic and why they are creating future liabilities. Other topics include the funds allocated from the American Rescue Plan Act (ARPA), and the claim by American Civil Liberties Union of Alabama executive director JaTaune Bosby on the alleged misuse of funds by the state government.

The article examines the growing public debt of the U.S. federal government and its potential effects to the global economy. Other topics include the need for the U.S. to increase its debt ceiling to meet its basic financial obligations and how the differences between Republican and Democratic lawmakers and officials on the debt ceiling issue could lead to a deep recession and loss of faith to the U.S. financial system.

The author discusses the global fiscal policy with particular focus on the budget and debt of the British and U.S. governments. Topics explored include the fiscal policy needed to address high inflation and low unemployment rates, the cost of the debt-service of the British government, and the net public debt outlook following the lifting of the U.S. federal debt ceiling.

The article focuses on debt-ceiling negotiations to finance the government's deficit by the U.S. Treasury and its impact on the economy of the country.

The article discusses about inability of Italian officials to initiate and manage suitable projects to secure post-pandemic recovery fund from European Union (EU). It informs that the Italian government has attempted to remove hurdles to ensure that Italy takes full advantage of the cash on offer. It also presents views of Paolo Gentiloni, the EU commissioner, related to the implementation of the scheme.

The article explores the economic factors contributing to the economic development of Indonesia. These economic factors include the increase in demand for electronic commerce (e-commerce) services, the rise on demand for export of crude oil, natural gas and coal products and the impacts on the decline in foreign currency exchanges for Indonesian Rupiah. It also emphasizes on government spending plans of Indonesian President Joko Widodo, for the country's economic development.

The article, part of a special section on e-government, or online technology in public administration, evaluates the results of various governments' attempts to put public services online. There have been benefits, but also many cases of massive spending with little effect. Also discussed are privacy concerns and the cost of computer mistakes. INSET: National Health Server.

The article focuses on common debt launched by European Union (EU) that came under Next Generation EU and mentions that European Semester dictates the budget fit of the government with the spending rule of EU. Topics discussed include countries and companies that fall in line on issues of online privacy, EU-level matter concerning the environmental policy and issues of slashing emissions.

The article looks into the state of business, investments and the economy as government debt rises in China as of June 2019. Topics discussed include its policy on infrastructure as it banks on building roads and railways for recovery, reaction of banks and bond investors to the country's debt struggles, and the role of local government financing vehicles in the rise of debts since 2010.

The article looks at the state of the economy and politics in Ghana under the leadership of President Nana Akufo-Addo as of June 2019. Topics discussed include Akufo-Addo's policy on government spending and economic management which was hailed by the International Monetary Fund, manifestations of a strong economic performance including inflation stability, and a budget surplus, and the state of poverty under his leadership.

The article reports on Washington's return to work as of February 2, 2019 after the longest-ever government shutdown ended. Topics discussed include a spending bill signed by U.S. President Donald Trump that funds the government through February 15 and creates a bipartisan, bicameral commission to develop a border-security proposal and polls showing that more Americans blamed Trump for the shutdown than blamed House Democrats.

The article offers information on the fiscal policy in Great Britain; discussing about Rishi Sunak, the chancellor of the exchequer who wants to placate a range of hawkish constituencies, such as Thatcherite backbench Tory Member of Parliament who would rather the government keep taxes low.

The article looks at fiscal conditions and fiscal policy in the U.S., as of February 2013. It discusses differences between various projections of U.S. government deficits and debt, including by the U.S. Congressional Budget Office (CBO). Topics include U.S. President Barack Obama's fiscal policies, the sequester of, or budget cuts in, a share of U.S. government spending due to begin in March 2013, and the discretionary component of the U.S. federal budget.

The article focuses on U.S. Republican presidential candidate Mitt Romney and how he has shifted his economic policy to the right to appease Republicans. Topics include his initial rejection and eventual acceptance of House Budget Committee chairman Paul Ryan's U.S. budget plan, Romney's experience in business, and his proposals to cut federal spending.

The article focuses on the U.S. debt ceiling debate that occurred in 2011. Topics include how the debate lowered worldwide opinions of U.S. government's effectiveness and how the agreement does not address the root causes of American debt or present effective solutions for economic recovery. Information is provided on how a precedent of partisan brinkmanship has been established in U.S. politics since the debate.

The article discusses budget laws and economic policies in European Union (EU) countries. A series of cuts in public expenditures and tax increases have been proposed in almost all EU countries, with the measures being most severe in smaller countries with larger budget deficits due to the recession. The possibility these measure could slow or even reverse economic development is considered.

The article presents a discussion of government size and spending policies, in a global context. Two opposing political ideologies are described. The view that big government is wasteful and bad for the economy is contrasted with the belief that government must attempt to provide solutions for a range of serious problems. Former U.S. President Bill Clinton is cited as an advocate of smaller government, while former U.S. President George W. Bush is described as a champion of big government.

The article discusses the performance of the French economy during the financial crisis under the guidance of the French government's economic policies. The French government instituted a stimulus plan that includes restoring cathedrals and churches. French policies that include heavy taxation, protection, and regulation are also described.

This article discusses the college system in France. The system is public and the tuition is paid for by the government. The colleges and universities are large with overcrowded lecture halls and many disinterested students. France also has a system of elite schools called the grandes écoles for business, engineering or public administration. France's elite population makes every attempt to get their children into these schools. The graduates from the elite schools continue to get the best jobs and continue to run the country.

The article profiles California Governor Arnold Schwarzenegger and his proposals for the state. There are four propositions that Mr. Schwarzenegger has put forward for the ballot in California's "special election" on November 8th. One hits out at the teachers' unions; a second bashes the public-employee unions in general; a third gives the governor power to cut spending without the legislature's permission; and a fourth is designed to stop gerrymandering, or the redrawing of district boundaries for political advantage. If all these were passed, as Mr. Schwarzenegger hopes, California's public schools would no longer be among the worst in the country; lawmakers in Sacramento would not be divided by partisan extremism; and the state's budget would no longer carry a structural deficit of about $6 billion for the next financial year, on a budget of $113 billion.

The article discusses the concept of a "global saving glut," which a central bank governor, Ben Bernanke, proposed was the reason for the United States' current-account deficit. The idea's appeal lies in the way it ties together two of the most vexing questions about today's economic landscape: why are interest rates so low? And why can the U.S. borrow eye-popping amounts from foreigners with seeming impunity? A global saving glut could explain both oddities. If savings are somehow super-abundant, the usual relationship between a strong economy and higher interest rates may no longer hold. And if the spare cash is mainly abroad, that should allow America to finance its deficit with ease. Rather than signalling American profligacy, the current-account deficit might simply be the counterpart to foreign thrift. This idea turns much conventional economic wisdom on its head. Economists reckoned that globalisation would lead to a shortage of capital and hence higher interest rates as millions of Indian and Chinese workers were absorbed into the world economy. If Mr Bernanke is right, all this will need re-examining. His suggestion that the causes of global imbalances lie elsewhere conveniently deflects attention from monetary and fiscal decisions made by American policymakers. It suggests that Alan Greenspan's loose monetary policy and President George Bush's tax cuts are not responsible for the imbalances in the world economy. That may seem a little self-serving, coming from a man who has subsequently moved from the Federal Reserve to become chairman of Mr Bush's Council of Economic Advisers. All the same, these imbalances are weakening America's economy. They cannot increase indefinitely and will be hard to unwind without sending the world economy into recession.

The article focuses on business and economic problems in California. A survey for the California Business Roundtable by Bain, a management consultancy, makes damning reading: two of five bosses the consultants talked to now have an explicit policy to move jobs outside the state, with Texas being the most common destination. California's competitive advantage is rooted not just in having the right business base, but in having the right people. By 2050, thanks to all those immigrants, the average Californian will be three or four years younger than the average American. California's government is gradually destroying its competitive advantage in two ways: by snarling up its businesses in unnecessary red tape; and by under-investing in the infrastructure any economy needs. The first can partly be blamed on the state having too many left-of-centre politicians; the second, paradoxically, on it having too many conservative voters. Top of the list of regulatory bugbears is workers' compensation, the much-abused system for claiming money for injuries. Another battle is brewing over health care. The biggest problem for small businesses is the thicket of minor legislation. For instance, in the rest of America, overtime is calculated on a weekly basis; in California, it is done by the day. According to Bain, between 1992 and 2000 California made 15 changes a year in its labour laws, four times the national rate. And these, remember, are just the state rules. In California, there are umpteen other layers of overlapping government. To add to their woes, Californian business leaders are now having to face up to a problem for which they share some of the blame: infrastructure. A business has to have access to electricity, water, transport and decent staff. Yet the entrepreneurial classes have been extremely reluctant to let the state spend money on any of these items.

Discusses the economic conditions in Mexico during the years of a government controlled by the Institutional Revolutionary Party (PRI). Idea that it was the PRI's own success and resulting arrogance that started its downfall; Discussion of the economic policies of the former presidents, including those of Ernesto Zedillo.

Analyzes British economic conditions and policies in light of the budget presented in March 2000 by Chancellor of the Exchequer Gordon Brown. Economic indicators, including foreign direct investment and unemployment; Gross domestic product and productivity of labor; Measures of economic growth; Purchasing power; Factors that can contribute to greater economic growth; Employment; Research and development spending; Government policies.

Discusses India's economy in light of the February 29, 2000 budget presented by the Bharatiya Janata Party- (BJP) led coalition government. Privatization, subsidies and tariffs; Defense spending; Reforms including simplification of excise tax, provisions for foreign investment, and venture capital taxation; Government holdings in state-owned banks; Government subsidies; Other vehicles for economic reform; Contribution of high technology industries; Infrastructure, including electricity.

The article explains the need of Japanese Prime Minister Shinzo Abe to reform the economy after he won a third consecutive term as the head of the ruling Liberal Democratic Party (LDP). It encourages the prime minister to complete his economic programme that includes lavish government spending and bend-over-backwards monetary policy. The government is also urged to enhance the productivity of the workforce.

Considers the outlook for passage of reforms proposed by German Chancellor Gerhard Schroder in light of Social Democratic Party defeats in September 1999 elections. Reaction of the party's traditional supporters to the proposed reforms and to the June policy document prepared by Schroder and British Prime Minister Tony Blair; Proposed budget cuts; Support for Schroder's plans.

Discusses globalization, its impact on nationalism, and government powers to tax and spend. Effects of the technological revolution on global society, like the movement toward universal free-market democracy; The survival of national boundaries, as evidenced by government spending increases in the ten richest countries; The mobility of capital and its lack of impact on the authority of the state; Low support for an international standing army for the United Nations, due to respect for sovereignty.

Discusses three problems faced by emerging economies in Asia. Maintenance of infrastructure during growth; Information on the environmental consequences of rapid growth; Emphasis on the proper use of high savings rates in primitive financial systems; Estimate by Kim Jong Gie, the director of planning at the Korea Development Institute, that the government will have to spend at least $10 billion a year on infrastructure between now and 1996 just to stop things getting worse; Information that Taiwan's government will spend $302 billion over the next six years on upgraded ports, new airports, superhighways and high-speed trains; Comments on Asia's industrial revolutions that have been the fastest ever.

Explains that the small pre-election task for the government is to persuade voters that more will be spent on vital public services, and convinces the City that public spending is under control. The government's autumn statement on the economy; The four main areas where the bulk of the extra 11 billion pounds will fall: Social security, health, transport and local government; The Tories' reckless public spending plan; Treasury forecasts; More.

Focuses on the trend of rising government spending in the world's advanced economies. The United States and Japan as having the smallest governments; Focus on the United States; Sweden; The attempts of European governments to curb their budget deficits; The four main categories of spending; Government consumption; Public investment; Transfers and subsidies; Interest on the national debt.

Reports on the relatively small social benefits provided by large increases in public spending. Analysis of the world's advanced economies focusing on their spending levels and the health and education services they offer; Statistics; Reasons for the apparent inefficiency; The case for the superiority of markets over planners.

This article speculates on the outcome of the voting on a referendum by Brazilians on April 21, 1993 to decide whether their country should retain its presidential system of government or adopt a parliamentary system. The voting has resulted due to adverse economic conditions prevailing in Brazil. The growth that made inequality tolerable has slowed. While the rest of Latin America was taming inflation and adopting sound fiscal and monetary policies during the 1980s, Brazil continued its profligate ways. Economic mismanagement, encouraged by a fractious and corrupt political system, has helped to double government spending in the past decade and has plunged the formerly robust economy into recession.

The article offers information on the economic growth of Brazil. Topics discussed include strengthening of Brazilian currency in July 2017 and rise in Brazil's benchmark stock index; need for overhaul of government spending on pensions, which could affect the gross domestic product (GDP) of Brazil; and policies of Brazilian President Michel Temer on economic reforms.

The article reports that the British government is considering increasing the budget of the National Health Service (NHS) and revising the way the social care system is financed. It notes deficits in the NHS and rising demand for health care from the aging population before discussing possible solutions including allocating more case or promoting new models of care.

The article focuses on U.S. government spending on the middle and lower class and factors which help explain how Republican candidate Donald Trump won the Presidency in 2016. It comments on suspicion on redistribution of wealth which allowed Trump to run as a populist candidate and champion significant tax cuts for the wealthy. It talks about tax deductions that benefit middle earners more than the poor such as mortgage interest payment tax deductions and mentions the economic safety net.

The author argues that U.S. President Donald Trump will suffer less damage than the Democrats think in the partial government shutdown over the refusal of Congress to approve funding for the construction of a wall along the U.S.-Mexico border proposed by Trump. Topics covered include impact of the shutdown on Trump's ratings, effect of the shutdown on Trump's popularity among voters and how Trump's self-defeating strategy may hurt Democrats in the 2020 elections.

The article discusses the Canadian Prime Minister Justin Trudeau's policy on research funding and financing technological innovations and inventions, including in regard to its spending on research and development (R&D), business culture in Canada and startup companies in Waterloo, Ontario.

The article focuses on the efforts of British Chancellor of the Exchequer George Osborne, to provide guidance for business enterprises to prevent ax evasion. Osborne cites the impacts of tax evasion, with the governments funding programs and projects, for the development of Great Britain. He also cites the support given by the European Commission, to set anti-tax avoidance proposal for business enterprises.

The article discusses the economic policies of Israel and innovations in various categories for pubic benefits including mobile phones, life-saving drugs and automobiles. Also discusses the policies of Prime Minister Binyamin Netanyahu to control public spending, foreign-exchange controls and welfare and pension system.

The article discusses the China's government efforts to become the most world-heritage sites listed by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in 2018. Also discusses the report presented by the environmental organization Greenpeace on the country forest conditions and government spending for the same.

The article discusses the budget announced by British chancellor George Osborne, focusing on how it will effect government spending in various sectors. Topics include Britain's budget deficit and funding for government departments; public spending, changes in taxation, and home-buyers' subsidies; and the political rationale behind the budget.

The article examines if health care spending in the U.S. will decrease due to the implementation of the U.S. Patient Protection and Affordable Care Act (PPACA). Topics include the amount the U.S. spends annually on heath care, the slowdown in health care spending in 2013, and the increase in the number of Americans insured under the PPACA.

The article discusses the claim that older wealthy individuals in Great Britain are pampered by government spending. According to the article, British Prime Minister David Cameron pledged to continue to protect universal benefits for pensioners which include free bus passes, annual cash benefits, and winter-fuel allowances. Great Britain's welfare budget and the nation's Tory political party are mentioned, as well as the impact of tax and benefit changes on annual income in Great Britain.

The article discusses the domestic economic policy of the administration of French President François Hollande. Topics include Hollande's decision to halt tax increases and lower government spending; efforts to increase the competitiveness of French business; and a bill introduced by French economy minister Emmanuel Macron.

The article focuses on Republican and Democratic infighting in U.S. Congress over the 2015 national budget. Topics include budget policy in the U.S. in 2014, if another government shutdown will be held over raising the debt ceiling, and the need for greater bipartisanship in U.S. Congress. Information is provided on U.S. President Barack Obama's federal discretionary spending cap.

The article reports on the decision of British Prime Minister Theresa May to reverse a proposed reform of the funding system for social care for the elderly under a manifesto introduced by the Conservative Party. According to May, the change to the social care funding system was merely a clarification. The new plan adopts a recommended cap on how much a person pays for care.

The article discusses U.S. President Donald Trump's plans to cut non-defence discretionary spending by more than 10 percent, which includes funding for education, housing and national parks.