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Books > Business & Economics > Finance & accounting > Finance > Public finance > General
This book presents the first comprehensive and unbiased assessment of the social and economic factors that drive decisions about waste-to-energy (WTE) projects in the United States. Information about each WTE project initiated between 1982 to 1990 is combined with detailed socioeconomic data at the county level to identify the social and economic differences between counties that have completed WTE facilities and counties that have abandoned their projects during the planning process. To examine the effects of political objectives, public attitudes, and the decision process itself, the book reports on four in-depth case studies--two directed at communities that have accepted WTE and two that have canceled WTE projects. The book also discusses the potential health and environmental risks posed by WTE and alternative waste practices, legislative initiatives and regulatory uncertainties, and the potential for energy production from burning our municipal waste. Municipal solid waste (MSW) incineration, commonly called waste-to-energy (WTE), was adopted by many U.S. communities during the 1980s and now is used to manage about 16% of all U.S. MSW. Many experts forecasted that WTE would be used to manage as much as half of all garbage by the turn of the century. Those forecasts and the long-run viability of WTE are now challenged by massive cancellations of WTE projects across the United States. Between 1986 and 1990, 207 WTE projects were abandoned, compared to only 140 operational facilities in 1990. Why have these cancellations occurred, and what do they tell us about the long-run viability of WTE? This book addresses these questions and presents the first comprehensive and unbiased assessment of the social and economic factors that drive decisions about WTE in the United States. The book adopts a three-pronged approach to investigate (1) the relationships between a community's decision about WTE and the social and economic characteristics of that community, (2) the impacts of recent changes in financial markets on the viability of WTE, and (3) the decision-making process by which communities decide about WTE. The first two objectives are met by the collection and analysis of data on all U.S. WTE projects from 1982 to 1990. The latter objective is met by way of four in-depth case studies--two directed at communities that have accepted WTE and two that have canceled WTE projects. The book also discusses the potential health and environmental risks posed by WTE and alternative waste practices, legislative initiatives and regulatory uncertainties, and the potential for energy production from burning our municipal waste.
The aim of this book is to analyse specific sets of macro and structural policies in selected Eastern European countries. The book includes studies on the major Western CIS countries, Belarus, Russia and Ukraine, plus a set of cross-country and regional studies. The analysis in this book contributes importantly to the discussion about the economic prospects of the CIS countries.
This book presents case-studies in accountable government and the management of public funds, with particular reference to the multi-party political systems of Botswana, Jamaica, Sri Lanka and Zambia under the Third Republic. Criteria for judging accountability are set out, and the role and influence of political leadership, elections, parties, parliaments, interest groups, the media and external donors are explored. Conclusions take account of the comparisons which are drawn with the experience of single-party regimes in Africa and Asia.
Situating Gorbachev and perestroika historically and ideologically, this book provides a comprehensive analysis of Soviet political economy in the context of socialist theory and seven decades of its application in the Soviet Union. A. F. Dowlah challenges the belief that socialism is sternly committed to centralized economic and political structures, and claims that socialism contains several theories, some more decentralized or democratic, others more authoritarian. Although the contemporary crisis in the socialist economies powerfully challenges the foundations of socialist theory and practice, Gorbachev, up until the coup attempt of August 1991, claimed that perestoika embodied more socialism, not less, and he was looking within the socialist tradition to solve contemporary Soviet problems. This work examines Gorbachev's claim and evaluates perestroika as a strategy of transition to a new variant of socialism. Based on thorough inquiry, textual evidence, and historical facts, the study concludes that Gorbachev's claims are substantially legitimate, and that a democratic version of socialism is possible within the Russian socialist tradition. It remains to be seen, however, in light of recent political and economic developments, whether this, or some more radical set of reforms, will emerge in Gorbachev's troubled economy.
To follow.
Alberto Heimler and Daniele Meulders In the last decade the modelling of the interrelationship between public finance and the rest of the economy has seen substantial advances, reflected in many of the papers delivered to the Applied Econometrics Association Conference held at Confindustria, Rome, on 30 November and 1 December 1989. In particular, the development of the literature on applied general-equilibrium modelling has found most of its applications in the field of taxation, enlarging and completing the estimation of the welfare loss due to distortionary taxes. In this context an important extension has been the introduction of overlapping-generation models. Furthermore, it has become clear that most individual decisions, especially the decision whether or not to work, are dependent upon the tax system, in the sense that the higher the marginal income tax the larger the wedge between labour cost and take-home pay, the last one being the decision variable in the demand for leisure. Finally, in the European context, the completion of the internal market has brought about the necessity to harmonize fiscal systems in the EEC member countries. A number of papers study, therefore, the effects of fiscal reform on efficiency, welfare and growth.
Provides descriptions, instructions, and exercises to help readers master government budgeting as it is actually practiced.
The Handbook of Public Finance provides a definitive source, reference, and text for the field of public finance. In 18 chapters it surveys the state of the art - the tradition and breadth of the field but also its current status and recent developments. The Handbook's intellectual foundation and orientation is truly multidisciplinary. Throughout its examination of the standard material of public finance, it explores the connections between that material and such neighboring fields as political science, sociology, law, and public administration. The editors and contributors to the Handbook are distinguished scholars who write clearly and accessibly about the political economy of government budgets and their policy implications. To address the needs and interests of international scholars, they place European issues next to the American agenda and give attention to the issues of transformation in Central Eastern Europe and elsewhere. General Editors: JA1/4rgen G. Backhaus, University of
Erfurt
An inside view of the forces which shaped SEPA and the PSD written from the unique perspective of someone closely involved throughout the process. It uncovers the strategic, legal and practical implications of the full harmonization agenda and provides an assessment of where these initiatives stand today, including key lessons learned.
To accompany the hugely successful 'Methods for Economic Evalution of Health Care Programmes 2 e', this book is a thorough and rigorous discussion of the methodological principles and recent advances in the rapidly advancing field of theory and practice of economic evaluation in health care. Written by an internationally acclaimed group of authors, the book provides an in-depth discussion of the latest theoretical advances and gives comprehensive reviews of the available literature. The book covers the main areas of economic evaluation, including the methods for measuring costs and outcomes, the collection of data alongside clinical studies, ways of handling uncertainty, discounting and issues relating to the transferability of ecoonomic data. It is an ideal book for those studying economic evaluation on postgraduate or professional courses in health economics or public health.
Using a comparative framework, this volume presents case studies of issues of public procurement and discusses how procurement professionals and policy makers in different regions are responding to these challenges. This book discusses current issues in public procurement. Over the past few decades, public procurement has had to evolve conceptually and organizationally in the face of unrelenting budget constraints, government downsizing, public demand for increased transparency in public procurement, as well as greater concerns about efficiency, fairness and equity. Procurement professionals have also had to deal with a changeable climate produced by emerging technology, environmental concerns, and ongoing tension between complex regional trade agreements and national socioeconomic goals. The first section discusses innovation and reforms in public procurement and how practitioners are adapting to and making use of new technologies. The second section addresses the challenges of maintaining transparency, equity, and fairness in public procurement. The final section discusses preferential public procurement and introduces strategies for building sustainable public procurement systems. By combining theory and analysis with evidence from the real world, this book is of equal use to academics, policy makers, and procurement professionals.
This book on the different aspects of international economic policy covers financial crises, reserve accumulation, capital flows and currency wars as well as issues relating to foreign direct investment and developments in China and India.
The Japanese Postal Savings System is the largest financial institution in the world, private or public. It controls gigantic amounts of financial assets. Whether, how, and when to privatize it is a major issue in Japanese politics which has ramifications for the financial world outside Japan. This is the only book to provide an overall view of the system. It is a rich mixture of policy, institutional, and quantitative analysis.
This book proposes a method for calculating China's debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China's debt size and economic growth. The conclusion that is reached is as follows: China's current debt has already exceeded the inflection point, and that means that it is now having an adverse effect on its economic performance. The book also focuses on China's debt problems as a whole, highlighting debt issues faced by different entities and industries, as well as the ratio and structure of the virtual and real economies. The contents are presented in three major principles: theory, oriented,data, and oriented policy.
This book develops current thinking on fiscal policy, emphasizing the role which fiscal policy can play in macroeconomic policy and challenging the view that macroeconomic policy should rely on monetary policy alone. This book offers theoretical insights in defence of fiscal policy as a valid macroeconomic instrument.
Consumer credit is an integral part of many western societies. This book provides a comprehensive view of how credit granting institutions operate and discusses the relationship between the strategic objectives set by senior management and the operational strategies employed by credit professions working at the coal face of credit provision.
Denmark and Switzerland are small and successful countries with exceptionally content populations. However, they have very different political institutions and economic models. They have followed the general tendency in the West toward economic convergence, but both countries have managed to stay on top. They both have a strong liberal tradition, but otherwise their economic strategies are a welfare state model for Denmark and a safe haven model for Switzerland. The Danish welfare state is tax-based, while the expenditures for social welfare are insurance-based in Switzerland. The political institutions are a multiparty unicameral system in Denmark, and a permanent coalition system with many referenda and strong local government in Switzerland. Both approaches have managed to ensure smoothly working political power-sharing and economic systems that allocate resources in a fairly efficient way. To date, they have also managed to adapt the economies to changes in the external environment with a combination of stability and flexibility.
Some goods and services are normally left to the market mechanism. Health care is often described as an exception to the rule. Society wants care to be allocated equitably; it wants the financial burden to be kept within bounds; it wants treatments to be both medically effective and economically efficient. These shared concerns lead to a demand for State intervention which this book seeks impartially to appraise and evaluate.
The book provides an overview of the governmental accounting status quo in Europe by analysing the public sector accounting, budgeting and auditing systems in fourteen European countries. IT sheds light on the challenges faced by European countries as they move towards adoption of the European Public Sector Accounting Standards (EPSAS).
This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems. Paul Beckerman uses an innovative approach to study the strategies inhabitants of economies with lengthy inflation experience use to maintain their purchasing power despite inflation. He examines how these tactics function as 'feedback mechanisms', economic processes by which inflation in any given time period generates inflationary pressure in subsequent periods, and how they complicate the efforts of policy-makers to achieve stabilization.
This important volume tackles the potential problems of international military disarmament. Distinguished scholars across several disciplines discuss possible negative economic and social consequences, including unemployment, conversion costs, and the related hampered growth of research and development, associated with the conversion from a military industrial economy to a civilian complex. The authors present techniques for managing sectoral and regional economic imbalances and conclude that disarmament would ultimately release resources for foreign aid to close the gap between the world's haves and have-nots. Divided into three parts (Models of Disarmament and Conflict Analysis, Economic Conversion, and Management of Peace), this volume addresses specific topics such as techniques of management conflict, factors affecting military expenditures, new prospects for an East-West relationship, American strategic policy and NATO, defense expenditure and economic conversion, Third World arms production, and regional conflict in the wake of superpower convergence. These analyses and discussions will be of particular interest to scholars of Peace Studies, Political Science, Economics, Sociology, and Military Studies.
The 38th annual edition of the leading guide to taxation in Britain. This practical and user-friendly guide is a bestseller with students, professionals, accountants and private individuals, explaining in simple terms how the UK tax system works and how best to minimise tax liabilities
In an era of unprecedented budget problems, can Congress establish legislative procedures to facilitate making politically difficult budget decisions? If we keep fixing the process, why are the policies and politics so fouled up? This book provides an extensive answer to these questions. Focusing exclusively on the House of Representatives, the author assesses whether current congressional budget procedures, namely the 302 process and reconciliation, have been created, designed, and maintained to achieve greater budget restraint. He defines the critical concept of procedural budget restraint as a procedural outcome in which spending decisions are less than what would have occurred in the absence of the procedure.
A compilation of papers given at a Conference of the International Economic Association analyze the world-wide experiences of incomes policy when, in the 1970s and early 1980s, this was seen as a crucial target for government.
The aim of this volume is to encourage comparative explorations of
the links between economic regionalism and government behaviour. At
present, the relation between government and the economy is in a
state of flux. In the old "developed" world, supranational
organizations such as the EU and the WTO, are exerting more
influence over economic life. Simultaneously, regional governments
have emerged to provide public services to local populations. In
some European countries, economic decision making is no longer in
the power of the nation state, but has been transfered to
international and local organizations. |
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