scholarly journals Economics approaches the fork in the road. Labor self-financing and tax free compensations or toil of deficit and deflation

Author(s):  
Mieczyslaw Dobija

<p>The aim of this paper is pointing out the causes of persistent budget deficits, and the emergence of deflation. As a result of the theoretical analysis of capital and labor tandem the phenomenon of labor self-financing is revealed. Discerning the money-goods economy in the form of the two parallel streams of products, and money lead to the alternative equation of exchange, which indicates an acceptable credit size? The main outcome of this study is clarify that deflation is related to funding of work in the public sector by taxes. It results in imbalance between the value of the product and the money streams. If inflation is under control then deflation reveals itself. Additionally it is concluded that economics without deficit, inflation and deflation may exist. It is further claimed that in the present economics there is a correspondence between the amount of necessary issuance of money and the amount of salaries in the public sector.</p>

2011 ◽  
Vol 9 (11) ◽  
pp. 35
Author(s):  
Joseph N. Heiney

<span style="font-family: Times New Roman; font-size: small;"> </span><p style="margin: 0in 0in 0pt; text-align: center;" class="MsoNormal"><span style="font-size: 26pt;"></span><span style="font-family: Times New Roman; font-size: small;"> </span></p><p style="margin: 0in 0.5in 0pt; text-align: justify;" class="MsoNormal"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">As the economy continues to recover from the recent recession of 2008-2009, there has been much discussion of the related issues of increases in federal, state, and local budget deficits and debt.<span style="mso-spacerun: yes;"> </span>A major element of that discussion concerns public employee salaries and benefits, including under-funded pension benefits.<span style="mso-spacerun: yes;"> </span>This paper involves the development of a theoretical model for the determination of wages and salaries in the public sector which has implications for these current issues.</span></span></p><p style="margin: 0in 0in 0pt; text-align: center;" class="MsoNormal"><span style="font-family: Times New Roman; font-size: small;"> </span></p><span style="font-family: Times New Roman; font-size: small;"> </span>


2021 ◽  
Vol 2 (1) ◽  
pp. 35-56
Author(s):  
Ali Tafriji Biswan ◽  
Iklima Devi Grafitanti

Abstract Budgeting practices that tend to add administrative work, are less flexible, and less accommodating are still challenges for the public sector.  This study aims to review the meaning of performance-based budgeting in public sector based on a study of budgeting implementation at the Palangkaraya State Assets and Auction Services Office (KPKNL). The study was conducted qualitatively using an exploratory approach which was sharpened through observation, interviews, and theoretical analysis. The study results dismiss the old mindset that budgeting must increase from year to year, the deified behavior of the budget that there is no budget means a dead faint and the budget cannot be changed, and the assumption that the output of activities must be administrative and must exist beforehand. The study also supports that performance-based budgeting promotes better budget absorption and accountability. Abstrak Praktik penganggaran yang cenderung menambah pekerjaan administratif, kurang fleksibel, kurang akomodatif masih menjadi tantangan bagi sektor publik. Penelitian ini bertujuan untuk meninjau kembali makna penganggaran berbasis kinerja pada organisasi sektor publik berdasarkan studi implementasi penganggaran pada Kantor Pelayanan Kekayaan Negara dan Lelang (KPKNL) Palangkaraya. Studi ini dilakukan secara kualitatif dengan menggunakan pendekatan eksploratif yang dipertajam melalui proses pengamatan, wawancara, dan telaah teoretis. Hasil studi menepis pola pikir lawas bahwa penganggaran harus bertambah dari tahun ke tahun, perilaku mendewakan anggaran bahwa tidak ada anggaran berarti kegiatan menjadi mati suri atau terhenti, anggaran yang tidak bisa diubah, serta anggapan bahwa hasil atau keluaran kegiatan harus bersifat administratif dan harus ada sebelumnya. Studi ini juga mendukung bahwa penganggaran berbasis kinerja mendorong kinerja penyerapan anggaran instansi pemerintah dan akuntabilitas anggaran yang lebih baik.   Keywords: akuntabilitas, penganggaran berbasis kinerja, sektor publik


2016 ◽  
Vol 29 (5) ◽  
pp. 457-473 ◽  
Author(s):  
Andrej Christian Lindholst ◽  
Morten Balle Hansen ◽  
Ole Helby Petersen

Purpose – The purpose of this paper is to improve the understanding of the evolution of marketization in the public sector as a process of institutional change. Design/methodology/approach – The paper is based on a study of marketization and gradual changes in the involvement of private contractors (as providers of maintenance services) in the municipal road and park sectors in Denmark over the past 30 years. The study draws theoretically on historical institutionalism as an interpretive framework and empirically on findings from earlier research, register data from municipal accounts as well as new survey data. Findings – Marketization within the road and park sectors has historically taken place through gradual changes, in particular by processes of layering and displacement, which has added up to substantial transformations in both sectors. Transformations relate to the levels of private sector involvement, the purpose of using private contractors, the extent of competition and the design of contractual arrangements. The road sector has been a frontrunner in this marketization process, while the park sector increasingly has been “catching up.” Originality/value – The paper contributes to the understanding of the historical development and differential pathways of marketization within the public sector. In particular, the study highlights how pathways of gradual change, spurred by the influx of long-term policy pressures, over time can lead to substantial institutional transformations.


Author(s):  
James Garand ◽  
Justin Ulrich ◽  
Ping Xu

This chapter reviews the recent scholarly literature on fiscal policy in the American states, focusing on several important topics: (1) size and growth of the public sector in the states; (2) how states determine expenditure and revenue priorities; (3) the politics of state budget deficits and surpluses; (4) the effects of fiscal policy on various political, economic, and social outcomes. The pace of scholarly research by political scientists on state fiscal policy has slowed considerably during the first decade of the 2000s, resulting in a leveling off of scientific progress in understanding state fiscal policy. There is a lot we still do not know about the size of the public sector, state spending and revenue policy, state deficits and surpluses, and the effects of state fiscal policy. We conclude with a discussion of unanswered research questions as a means of building an agenda for future research on state fiscal policy.


Author(s):  
John Nkeobuna Nnah Ugoani

Poor public management defined by corruption and lack of prudence in public life continues to hold Nigeria hostage and makes good governance difficult. Since the 1980s government has been using many methods including the processes of privatization and commercialization as means of re-engineering the public sector for total quality management, and to increase the share of the public sector’s contribution to the gross domestic product. The experiment never achieved the desired level of success partly due to lack of political will on the part of government to wedge a total war against corruption, and also partly because the public sector is a large scale administration that has many entry and revolving doors which government finds difficult to close. These limitations provide the incentives for widespread public corruption that is recognized as one of the greatest challenges of government in carrying out its mandate. 110 respondents participated in this study conducted through the exploratory research design. The participants provided useful data that were triangulated with data from secondary sources for the purpose of the study. To achieve the objective of the investigation, data were analyzed through statistical techniques and the result showed significant positive correlation between good governance and good management. It was recommended that appointments in the public sector should feature a combination of people from private and public sectors of the economy to enhance competence with the aim of reducing public sector corruption. Further study should examine the reasons behind rising budget deficits as a way of reducing cost of governance in Nigeria.


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