The Causes and Consequences of Large Budget Deficits in PakistanIn 1992-93, budget deficit amounted to Rs. 129 billion (equivalent to 9.5 per cent of GDP), and...Yaqub, Muhammad
The unbearable debt accumulated by the Catalan Water Agency is used as the discursive justification of the 'inevitability' of granting to private capital the control over the water cycle. We attempt to demonstrate that this debt is the result of large investments, required by European directives (...
Suppose a country fixes its currency to another country - a reserve country. Next imagine that the same circumstances from the story above begin to occur. Rising budget deficits lead to central bank financing which increases the money supply of the country. As the money supply rises, interest r...
Pondering Election Economics: Federal budget deficits and the possible consequences for interest rates are hot topics in this presidential election year. While the winner will have limited financial flexibility, thanks to the deficit, the near-term should see no adverse effects on rates. Why?(Column...
On several continents, for example, humans hunted large mammals to the point where many, such as the marsupial lion of Australia, went extinct. As humans became more efficient at exploiting their local environments, they spread farther. By 13,000 years ago, modern humans had spread to all ...
The healthcare system underwent considerable restructuring and downsizing in the early to mid-1990s in several countries as governments cut costs to reduce their budget deficits. Studies of the effects of these efforts on nursing staff and hospital functioning in various countries generally reported ...
1 day agoCanada What the fundraising numbers mean for the Liberal leadership contestants Mark Carney may have the backing of the party establishment and donors with deep pockets, but the average donation to his campaign also happens to be the lowest ...
Drawing on data from the Financial Accounts Of The United States for the second quarter of this year, this video concludes that, without the Government support from the CARES Act, Households, Corporations and SMEs would have defaulted on their debt on such a large scale that the entire US ban...
Net economic consequences are projected to be especially large in Africa and Asia, where the regional economies are vulnerable to a range of different climate impacts. For some countries in higher latitudes, economic benefits can arise from gains in tourism, energy and health. The global assessment...
prudenceandliabilityhavebeenthemajor causesoftradeimbalancesinrecentyears.Aperiod ofsoftbudgetconstraintshaddrivensomecountries intoanoverheatedboomandothersintoaslump, channellingcapitalandgoodsfromthelattertothe former.Torebalancetheworldeconomy,asystemof tighterbudgetconstraintswithstricterandbetter bankingsupervision,...