Posted in Big Government, Government stupidity, Illinois, Local government, tagged Big Government, Chicago, Government stupidity, Illinois, Local government on September 19, 2023| 6 Comments » Chicago has long been infamous for graft and corruption., but it had a reputation for at least being...
Local government leaders think AI has the biggest potential to improve services in traffic and transportation (34%), infrastructure (24%), public safety (21%), environment and climate (21%), and public schools (18%), according to the Bloomberg Philanthropies survey. With that in mind, conside...
known as local government financing vehicles (LGFVs), were set up to fund infrastructure projects. According to Bloomberg, a record number of LGFVs failed to make payments on short-
In China, land is owned by the government and sold to companies for development — usage agreements last for 70 years if the project is residential. Property-related revenue will likely remain under stress as homebuyer sentiment has yet to fully recover, said Sherry Zhao...
Restoring local governments' ability to pay for necessary infrastructure, hiring personnel, recruitment, law enforcement, etc. are matters of concern. Therefore, to increase citizens' capacities and give them more influence over local government representatives for responsive governance, local governments ...
Local government debt plays a vital role in achieving financial financialization and regional economic growth. However, the environmental side effects of the debt-financed infrastructure development model have received little attention. Using a large panel data of Chinese enterprises from 2007 to 2016, ...
“We have become numb to the legal corruption that has enveloped our democracy,” Glazer said this week in response. “Pay-to-play is antithetical to an honest and ethical government, and it should be rooted out and killed like a cancer that has affected the body politic.” ...
Employers may not ask job applicants about pay history. The ordinance is effective June 1, 2024, for all municipalities in the county except for the cities of Allentown and Bethlehem, where it will become effective 15 months after the date of enactment provided that neither city government takes...
Local government revenue forecasting: using regression and econometric revenue forecasting in a medium-sized city Fiscal stress has forced local governments to pay increasing attention to revenue trends and has increased the importance of financial forecasting in local government. After reviewing the role ...
“We were basically faking land transactions so our government budget would look good,” said an official in the central city of Zhengzhou, where LGFVs accounted for four-fifths of transactions in its latest land auction last month. “That will cause bigger pain in the long run.” The city...