L’Équilibre Fiscal en Matière du Code de Recouvrement des Créances Publiques = Fiscal Balance in Terms of the Public Debts Recovery Code

2021 ◽  
pp. 3-23
Author(s):  
Neffad , Salah Eddine
Keyword(s):  
The Public ◽  
Fiscal Balance ◽  
Recovery Code ◽  
Public Debts

The Analysis of 2008 Global Crisis in Terms of the Sustainability of Public Debt Stock and Budget Deficits of PIIGS Countries Panel Data Analysis

2015 ◽  
pp. 329-336
Author(s):  
Binhan Elif Yilmaz ◽  
Ferda Yerdelen Tatoglu ◽  
Sinan Ataer
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Public Debt ◽  
Economic Condition ◽  
Panel Data Analysis ◽  
Budget Deficits ◽  
Global Crisis ◽  
The Public ◽  
Sustainability Of Public Debt ◽  
Public Debts

In this chapter, we have focused the impacts of 2008 global crisis on the debt policies and the sustainability of debts in the PIIGS Countries. For that, the circumstances of the global crisis are examined, and the economic condition before the crisis is handled. As a main objective, the public debt indicators of PIIGS Countries are pointed out. The ratios and budget units are evaluated in terms of sustainability of debts. While making these evaluations and examinations our method was panel data analysis which can be found at the end of this chapter. In this method, public debt ratios and the sustainability conditions of the public debts in the PIIGS Countries are used as the determinants of public debts sustainability.

The Responsibility of the Successor State for War Debts

1950 ◽  
Vol 44 (3) ◽  
pp. 477-487
Author(s):  
Hans J. Cahn
Keyword(s):  
Property Rights ◽  
Successor State ◽  
The Public ◽  
Public Debts

It is the unalterable fate and the inevitable risk of any debt that its value is closely connected with the fate and actions of the debtor whose assets are subject to the liability. This applies especially to the public debts of a belligerent state whose wealth and resources, and sometimes its very existence, are at stake. The domestic laws of almost every civilized country protect the creditor against the effects of legal changes and of non-remunerative mutations affecting all or an important portion of the property subject to the liability. This liability remains with the transferred property. To a certain extent it is legally vested in the person who succeeds to the property rights.

scholarly journals Commercial Consolidation Model Applied to Transport Infrastructure

2016 ◽  
Author(s):  
Lílian Dos Santos Fontes Pereira ◽  
Joaquim José Guilherme de Aragão ◽  
Yaeko Yamashita
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Regional Growth ◽  
Performance Model ◽  
Fiscal Sustainability ◽  
Transport Infrastructure ◽  
The Public ◽  
Critical Success ◽  
Consolidation Model ◽  
Fiscal Balance

Since the 1990s, transport concessions, including public-private partnerships (PPPs), have been increasingly adopted by governments as an alternative for financing and operations in public investments, especially in transport infrastructure. The advantage pointed out by proponents of these models lies in merging the expertise and capital of the private sector to the public interest. Several arrangements are possible and have been employed in different cases. After the duration of the first PPP contracts in transportation, many authors have analyzed the success and failure factors of partnerships. The occurrence of failures in some stages of the process can greatly encumber the public administration, incurring losses to the fiscal responsibility of the competent bodies. This article aims to propose a new commercial consolidation model applied to transport infrastructure to ensure fiscal sustainability and overcome the weaknesses of current models. Initially, a systematic review of the literature covering studies on transport concessions between 1990 and 2015 is offered, where the different approaches between various countries are compared and the critical success factors indicated in the studies are identified. In the subsequent part of the paper, an approach for the commercial consolidation of the infrastructure concessions is presented, where the concessionary is paid following a finalistic performance model, which includes the overall fiscal balance of regional growth. Finally, the papers analyses the usefulness of the model in coping with the critical success factors explained before.DOI: http://dx.doi.org/10.4995/CIT2016.2016.4104

Macri faces conflicting pressures in Argentina

2015 ◽  
Keyword(s):  
Public Sector ◽  
Central Bank ◽  
Fiscal Deficit ◽  
Trade Surplus ◽  
Content Type ◽  
The Public ◽  
Fiscal Balance ◽  
Foreign Lending ◽  
Policy Shifts ◽  
Do So

Significance Although styled as the more 'business-friendly' candidate, Macri will face numerous challenges in making rapid macroeconomic changes, despite the need to do so. Since 2003, when President Nestor Kirchner took office, government economic intervention has grown steadily, exacerbated by a widening fiscal deficit and an ever-smaller trade surplus. Impacts Macri may seek rapidly to replace widely questioned Central Bank President Alejandro Vanoli. An adjustment to restore fiscal balance and reduce inflation will have unpopular political connotations. Macri will seek an agreement with holdout creditors, potentially opening the way to foreign lending. Kirchnerist forces in Congress and the public sector will seek to block significant policy shifts.

scholarly journals PROBLEMS OF PUBLIC DEBT MANAGEMENT SYSTEM IN RUSSIA

2014 ◽  
pp. 56-63
Author(s):  
S. E. Tsvirko
Keyword(s):  
Debt Management ◽  
Public Expenditures ◽  
Energy Prices ◽  
The Public ◽  
Russian Economy ◽  
World Energy ◽  
The Russian Federation ◽  
Public Debt Management ◽  
Low Efficiency ◽  
Public Debts

The problems of the Russia’s debt management are revealed. Evolution of the public debts’ problem of the Russian Federation including the question of its interaction with private debts is discussed. Risks in debt sphere are analyzed. Specific features of the Russian economy such as the dependence on world energy prices, low efficiency of public expenditures, rapid growth of internal public debts and external quasi-sovereign and private debts are defined. Principles of debt management and areas of improvement in the system of Russia’s debt management were defined.

Replications can cause distorted belief in scientific progress

2018 ◽  
Vol 41 ◽  
Author(s):  
Michał Białek
Keyword(s):  
Real World ◽  
Scientific Progress ◽  
The Public ◽  
Psychological Science

AbstractIf we want psychological science to have a meaningful real-world impact, it has to be trusted by the public. Scientific progress is noisy; accordingly, replications sometimes fail even for true findings. We need to communicate the acceptability of uncertainty to the public and our peers, to prevent psychology from being perceived as having nothing to say about reality.

Hospitals: N.Y. Appellate Court Denies Move to Privatize Public Hospital

1999 ◽  
Vol 27 (2) ◽  
pp. 202-203
Author(s):  
Robert Chatham
Keyword(s):  
New York ◽  
New York City ◽  
York City ◽  
Public Health System ◽  
Municipal Hospital ◽  
The Public ◽  
Public Benefit ◽  
For Profit ◽  
Benefit Corporation ◽  
The City

The Court of Appeals of New York held, in Council of the City of New York u. Giuliani, slip op. 02634, 1999 WL 179257 (N.Y. Mar. 30, 1999), that New York City may not privatize a public city hospital without state statutory authorization. The court found invalid a sublease of a municipal hospital operated by a public benefit corporation to a private, for-profit entity. The court reasoned that the controlling statute prescribed the operation of a municipal hospital as a government function that must be fulfilled by the public benefit corporation as long as it exists, and nothing short of legislative action could put an end to the corporation's existence.In 1969, the New York State legislature enacted the Health and Hospitals Corporation Act (HHCA), establishing the New York City Health and Hospitals Corporation (HHC) as an attempt to improve the New York City public health system. Thirty years later, on a renewed perception that the public health system was once again lacking, the city administration approved a sublease of Coney Island Hospital from HHC to PHS New York, Inc. (PHS), a private, for-profit entity.

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