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Government Response to Financial Constraints - Budgetary Control in Canada (Hardcover)
Loot Price: R2,691
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Government Response to Financial Constraints - Budgetary Control in Canada (Hardcover)
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Authors Jones and McCaffery provide perspectives on Canadian
government actions to manage financial contingency and restraint.
Although the primary focus is on provincial government, attention
is also paid to the actions of the federal government. The authors
begin by presenting a theoretical framework through which
government financial restraint management may be evaluated. In the
following chapters, criteria derived from this framework are then
applied to provincial government financial stress and restraint
management actions. They examine the provincial economic base,
revenue and expenditure trends, and financial condition. In
particular, annual and cumulative budget deficits and debt loads
are reviewed as indicators of the degree of financial stress faced
by provincial governments. Actions taken by provinces to increase
revenues and productivity, and to control expenditures, are
reviewed from the early 1970s to 1987, with emphasis on the period
1983-1987. A comparison of financial stress management in the
Province of Ontario and the State of California is also presented,
and this comparative approach is continued in a chapter on Canadian
federal government financial stress management. Finally, Canadian
federal efforts to institute budget control under the Policy and
Expenditure Management system are compared to budget control
approaches utilized by the U.S. federal government. This unique
study will improve our understanding of how the Canadian provincial
and federal governments manage budgeting and financial stress. Both
for the increased knowledge it offers of Canadian fiscal practices
and for the insight into our own government's fiscal difficulties,
scholars and students of Canadian studies, political science,
public policy and administration, and economics will want to read
Government Response to Financial Constraints.
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