Alternative Paths to Public Financial Management and Public Sector Reform

Alternative Paths to Public Financial Management and Public Sector Reform
Author: Sokbunthoeun So
Publisher: World Bank Publications
Total Pages: 163
Release: 2018-08-31
Genre: Political Science
ISBN: 1464813167

Reforming public-sector organizations--their structures, policies, processes and practices--is notoriously difficult, in rich and poor countries alike. Even in the most favorable of circumstances, the scale and complexity of the tasks to be undertaken are enormous, requiring levels of coordination and collaboration that may be without precedent for those involved. Entirely new skills may need to be acquired by tens of thousands of people. Compounding these logistical challenges is the pervasive reality that circumstances often are not favorable to large-scale reform. Whether a country is rich or poor, the choice is not whether, but how, to reform the public sector--how optimal design characteristics, robust political support, and enhanced organizational capability to implement and adapt will be forged over time. This edited volume helps address the “how†? question. It brings together reform experiences in public financial management and the public sector more broadly from eight country cases in East Asia: Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Papua New Guinea, Thailand, and Vietnam. These countries are at different stages of reform; most of the reform efforts would qualify as successes, while some had mixed outcomes, and others could be considered failures. The focus of each chapter is less on formally demonstrating success (or not) of specific reform, but on documenting how reformers maneuvered within different country contexts to achieve specific outcomes. Despite the great difficulty in reforming the public sector, decision-makers can draw renewed energy and inspiration, learning from those countries, sectors, and subnational spaces where substantive (not merely cosmetic) change has been achieved, and they can identify what pitfalls to avoid.

Alternative Acquisition Models and Financial Innovation

Alternative Acquisition Models and Financial Innovation
Author: Daniele D'Alvia
Publisher: Taylor & Francis
Total Pages: 175
Release: 2023-10-11
Genre: Business & Economics
ISBN: 1000967182

This is the first book written in English on special purpose acquisition companies (SPACs) in the context of European and Italian financial law, introducing the topic with a general overview on the European stage. It is also the first book on European financial regulations of SPACs. As such, it is a groundbreaking reference text for SPAC studies at the international level. Alternative Acquisition Models and Financial Innovation: Special Purpose Acquisition Companies in Europe, and the Italian Legal Framework offers the most comprehensive overview of the current international financial regulations of SPACs in the EU and UK compared to the main legal system where SPACs originated—the US. This edited book is focused on finding a European legal framework for SPACs by discovering whether the Alternative Investment Fund Managers Directive (AIFMD) or the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) are applicable to them and why, as well as identifying the objectives of financial regulation of SPACs in the EU, US and UK. Essentially, the edited collection explores soft law and self-regulation instances against the state-based Westphalian approaches centred on hard law instances; describes practical examples of SPACs in Italy and Europe; and analyses the limits and perspectives of such investment vehicles on the Italian capital market as well as their possible uses as forms of shadow banking and venture companies at international levels.

Homestead Economics

Homestead Economics
Author: Barrett Williams
Publisher: Barrett Williams
Total Pages: 121
Release: 2024-04-22
Genre: House & Home
ISBN:

**Discover the Art of Thriving Self-Sufficiency with "Homestead Economics" - Your Blueprint to Financial Freedom and Eco-Conscious Living!** Dive into the comprehensive world of "Homestead Economics," a guide that revolutionizes the intersection of home-based living and savvy financial strategies. Unveil the secrets to cultivating not just a garden, but also a resilient financial future on your very own homestead. Are you yearning for a life more connected to nature, more self-sufficient and economically resilient, yet unsure how to meld such a lifestyle with financial stability? "Homestead Economics" is packed with insights and strategies tailored to guide you through the many facets of living a sustainable, financially savvy homestead life. From the soil of your burgeoning garden to the heights of renewable energy investments, "Homestead Economics" navigates through evaluating financial readiness, developing budgets, and managing homestead expenses without compromising on your commitment to the land and your lifestyle. Learn how to acquire land without breaking the bank, invest in essential infrastructure, and maximize the yield of your homestead garden. Delve into the economics of livestock rearing, water management, and energy usage, ensuring every drop of rain and ray of sunshine counts towards your financial goals. Harvest not only crops but also economic wisdom as you explore income diversification through small-scale manufacturing, agri-tourism, and the secrets to stocking a cost-effective pantry. Equip yourself with knowledge on debt management, tax considerations, and long-term financial planning, ensuring your journey is not just a leap of faith, but a calculated step toward economic independence. The guide also extends beyond the individual, encompassing community dynamics such as bartering systems, cooperative investments, and shared resources, rooted in the spirit of communal support and sustainability. Witness the transformation of your homestead from a place of residence to a resilient beacon of economic savvy and ecological harmony. Seize control of your financial destiny while thriving in symbiosis with the land, ensuring a prosperous, stable future for generations to come. Step onto the path of financial empowerment interwoven with the ethics of land stewardship. Experience the transformation within yourself and your homestead. Embark on your journey with "Homestead Economics" today, a must-read for those determined to turn their dreams of a sustainable, economically sound lifestyle into a vibrant reality.

Employment Law

Employment Law
Author: Ailbhe Murphy
Publisher: Bloomsbury Publishing
Total Pages: 1682
Release: 2017-05-25
Genre: Law
ISBN: 1780436254

This practical guide to Irish employment law brings together the knowledge and expertise of Ireland's leading employment, tax and pensions law practitioners. In-depth and accessible, it gives a comprehensive and clear review of all aspects of employment and labour law. This is the second edition of Employment Law, which has been newly updated and revised to include the extensive changes to the law, including in relation to the workings of the Workplace Relations Commission, and new chapters on whistle blowing, health and safety, mediation, agency workers, restraint of trade and injunctions. These build on the book's established chapters on the wide ranging facets of employment law, such as the employment relationship, Immigration and cross-border issues, and trade unions and industrial relations. Ideal for legal practitioners, employers and human resource specialists: with a copy on your bookshelf, accurate, detailed information on the law on all aspects of employment and labour law will always be close to hand. Your firm and clients will benefit from the technical pointers, tips and know-how to ensure complete legal compliance. Whatever you need on employment and industrial relations law, you'll find it within the pages of Employment Law. Keeps your firm right up-to-date on the latest issues and developments.

Beyond equalization

Beyond equalization
Author:
Publisher: The Fraser Institute
Total Pages: 138
Release: 2007
Genre:
ISBN: 088975215X

The authors of this book have worked independently and opinions expressed by them are, therefore, their own, and do not necessarily reflect the opinions of the supporters or the trustees of The Fraser Institute. [...] She is co-author of the An Empir- ical Comparison of Labour Relations Laws in Canada and the United States (2006), Union Disclosure in Canada and the United States (2006), Fiscal Per- formance Index (2006), Tax Freedom Day (2006), Canadian Provincial In- vestment Climate Report (2006), Transparency of Labour Relations Boards in Canada and the United States (2005), and the State of the Urban Air in [...] We would like to acknowledge all of the scholars who provided peer review of this study: Professor Ron Knee- bone of the University of Calgary, Professor Richard Bird of the University of Toronto, Professor Barry Cooper of the University of Calgary, Gordon Gibson who is a Senior Fellow of the Fraser Institute, Professor Bev Dahlby of the University of Alberta and a member of the Fraser Institute's [...] In addition, we would like to thank Nadeem Esmail, the Director of Health Performance Studies at the Fraser Institute and Fred McMahon the Director of Globalization and Trade at the Fraser Institute and the author of 2 books on the topic of fiscal balance and equalization for their review of a number of working drafts. [...] Figure 1.2 illustrates the nominal net fiscal balance (surplus or deficit) for the federal government and all of the provincial and territorial governments (consolidated) between 1990/91 and 2005/06. The federal government begins the period with an enormous deficit of $32.4 billion while the provinces had a much lower, collective deficit of $7.6 billion.

Public Finance in Democratic Process

Public Finance in Democratic Process
Author: James M. Buchanan
Publisher: UNC Press Books
Total Pages: 328
Release: 1987
Genre: Business & Economics
ISBN: 9780807841907

Recipient of the 1986 Nobel Prize in economics, James Buchanan has won international recognition for his pioneering role in the development of public-choice theory. Among his works that the prize committee specifically cited was Public Finance in Democratic Process, which first appeared in 1967. As James C. Miller, director of the U.S. Office of Management and Budget, notes in his foreword, "This book is perhaps the best compact exposition of Buchanan's theory of public choice."

Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia

Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia
Author: Tannous Kass-Hanna
Publisher: International Monetary Fund
Total Pages: 41
Release: 2023-11-17
Genre: Business & Economics
ISBN:

Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to evaluate possible adjustments in a fiscal consolidation strategy. Multipliers are also estimated using alternative assumptions about the accompanying exchange rate regime and capital mobility, highlighting the importance of the policy mix in determining the impact of fiscal adjustments. The study exploits the DSGE modeling structure to assess this interaction of fiscal and monetary policy in a lower middle-income country under different exchange rate regimes. It finds that expenditure multipliers fall into the range of 1/3 to 2/3, with public investment multipliers slightly higher than government consumption multipliers over longer horizons, and multipliers generally higher under a peg than inflation targeting. Tax multipliers are shown to be about half of expenditure multipliers.