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Author: David K. Foot Publisher: University of Toronto Press ISBN: 1487597126 Category : Political Science Languages : en Pages : 228
Book Description
This detailed and informative study makes a timely contribution to a subject that has been the focus of much public discussion and debate in Ontario and elsewhere, namely the size and growth of the public sector. Working with the Public Accounts and other sources, Professor Foot offers both an historical account of, and an explanation for, the growth of provincial revenues and expenditures since the early 1950s. By concentrating on an analysis of the development of a single government over time, rather than adopting the traditional cross-section approach of analysing a number of junior-level governments. The study's conclusions are both informative and provocative. On the revenue side, a rate-base approach which separates discretionary from automatic changes in revenue determinants is shown to provide sufficient flexibility to accommodate the analysis and explanation of a wide range of specific revenues. On the expenditure side, the provincial government is found to adjust reasonably slowly to new levels of desired expenditures which appear to be determined primarily by demand variables. Of particular interest are findings which suggest that urbanization and elections have had little effect on expenditures and that available federal money has tended to be a substitute for provincial funds. In addition, the author notes that provincial expenditure patterns are consistent with either a revenue-led interpretation, where the recent availability of pension funds has stimulated expenditures, or a leading-sector interpretation, which implies a longer-run coordinated view of provincial public development. This study should stimulate a more informed discussion of the determinants and effects of provincial public finance in Ontario. It will appeal not only to those interested in the behaviour of junior-level governments but also to anyone interested in the size and growth of the public sector, in Ontario or elsewhere.
Author: David K. Foot Publisher: University of Toronto Press ISBN: 1487597126 Category : Political Science Languages : en Pages : 228
Book Description
This detailed and informative study makes a timely contribution to a subject that has been the focus of much public discussion and debate in Ontario and elsewhere, namely the size and growth of the public sector. Working with the Public Accounts and other sources, Professor Foot offers both an historical account of, and an explanation for, the growth of provincial revenues and expenditures since the early 1950s. By concentrating on an analysis of the development of a single government over time, rather than adopting the traditional cross-section approach of analysing a number of junior-level governments. The study's conclusions are both informative and provocative. On the revenue side, a rate-base approach which separates discretionary from automatic changes in revenue determinants is shown to provide sufficient flexibility to accommodate the analysis and explanation of a wide range of specific revenues. On the expenditure side, the provincial government is found to adjust reasonably slowly to new levels of desired expenditures which appear to be determined primarily by demand variables. Of particular interest are findings which suggest that urbanization and elections have had little effect on expenditures and that available federal money has tended to be a substitute for provincial funds. In addition, the author notes that provincial expenditure patterns are consistent with either a revenue-led interpretation, where the recent availability of pension funds has stimulated expenditures, or a leading-sector interpretation, which implies a longer-run coordinated view of provincial public development. This study should stimulate a more informed discussion of the determinants and effects of provincial public finance in Ontario. It will appeal not only to those interested in the behaviour of junior-level governments but also to anyone interested in the size and growth of the public sector, in Ontario or elsewhere.
Author: Irene Ip Publisher: ISBN: Category : Political Science Languages : en Pages : 346
Book Description
When it comes to looking at Canada's public finances, most tend to focus on the federal government. Few recognize the repercussions of provincial fiscal policy on Canada's overall financial health. This document includes an overview of the provincial, local, and hospital (PLH) sector balance sheets, PLH expenditure, and financing PLH-sector expenditure. It also contains profiles of the provinces, and discusses the politics of deficits.
Author: Harvey S. Rosen Publisher: ISBN: Category : Business & Economics Languages : en Pages : 570
Book Description
The market-leading book takes its readers to the frontiers of current research,yet remains accessible to undergraduates.Although it draws upon the latest research, the book never loses sight of the reality it is supposed to describe, always drawing the links between economic analysis and current political issues.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292548220 Category : Political Science Languages : en Pages : 237
Book Description
The Third Plenum of the 18 th Central Committee of the Communist Party of China in November reinforced the importance of public finance reform. Drawing on recent technical assistance from the Asian Development Bank (ADB), special reports, and the work of ADB staff, the publication offers observation and suggestion on how to pursue public finance reform. The publication also outlines practical actions that can be taken to improve budgeting, taxation, and the system of fiscal decentralization in the People's Republic of China. Special attention is given to the management of local government debt, the most pressing fiscal issue facing the People's Republic of China. The potential contribution of public-private partnerships is also introduced.
Author: Publisher: World Bank Publications ISBN: Category : Finance, Public Languages : en Pages : 268
Book Description
The primary objective of this study is to assist the government in identifying and implementing appropriate measures that will result in an effective and equitable reduction in the Provinces' contribution to excessive, consolidated public sector deficits. A corollary objective is to identify appropriate areas in which the Bank may support improved provincial financial management. Provinces can then generate surpluses and invest them wisely to increase future economic growth and tax revenues. More specifically, the study's objectives are to identify : a) ways that provincial revenue performance and expenditure efficiency may be improved; b) effective incentives for implementing the above improvements; c) appropriate, standard provincial budgeting and reporting procedures; and d) needs for institutional reforms to meet preceeding objectives. Volume II provides basic data on provincial public finance as well as information to help in interpreting this data.
Author: David K. Foot
Author: David K. Foot
Author: Shayne Kavanagh
Author: Irene Ip
Author: Harvey S. Rosen
Author: George Findlay Shirras
Author: Asian Development Bank
Author: 
Author: Canada. Dominion Bureau of Statistics
Author: Statistics Canada. Public Finance Division
Author: Canada. Dominion Bureau of Statistics