3. Creating Long-Term Fiscal Health

2021 ◽  
pp. 43-75
Keyword(s):  
Fiscal Health

Fiscal Decentralization and Financial Condition

2018 ◽  
Vol 50 (2) ◽  
pp. 119-131 ◽  
Author(s):  
Akheil Singla ◽  
Samuel B. Stone
Keyword(s):  
Fiscal Decentralization ◽  
Curvilinear Relationship ◽  
State Governments ◽  
Financial Indicators ◽  
Financial Health ◽  
Fiscal Health ◽  
Financial Condition ◽  
State And Local ◽  
Benefits And Costs

Although there are strong theoretical arguments about both the benefits and costs of decentralization in the federalism literature, there is little on how second-order fiscal decentralization effects the financial health of state governments. This study examines this question and adds to the understanding of state-and-local fiscal relations. Using financial indicators that measure several dimensions of financial condition, the research estimates the effect of revenue and expenditure decentralization on state fiscal health. It finds that while state financial condition is unaffected by revenue decentralization, there is a curvilinear relationship between expenditure decentralization and long-term state financial condition.

Financial condition of enterprise activities: an exploration of seaports

2017 ◽  
Vol 29 (1) ◽  
pp. 20-50
Author(s):  
John Topinka
Keyword(s):  
Geographic Location ◽  
Public Authority ◽  
Decision Makers ◽  
Short Term ◽  
Fiscal Health ◽  
Financial Condition ◽  
Local Services ◽  
Potential Risks ◽  
The Government

The purpose of this research is to examine fiscal health of a specific local enterprise operation: seaports. Seaports provide unique local services while spending and borrowing billions of dollars. Decision makers should be aware of the fiscal health of these enterprises in part to assess the potential risks to the fiscal health of the government at large or public authority. Using eight stock and flow fiscal indicators appropriate for enterprise activities, this research examines eight seaports to compare fiscal health by geographic location and governing structure as well as the connection between long-term and short-term fiscal measures. Descriptive measures suggest that western and public authority ports exhibit better fiscal health than southern and departmental ports with some evidence showing a modest link between long-term and short-term fiscal health.

Health Care for All: An Overview of the Affordable Care Act’s Medicaid Expansion in the USA

2018 ◽  
Vol 64 (2) ◽  
pp. 174-192
Author(s):  
Ariel Arguelles ◽  
Meghna Sabharwal
Keyword(s):  
Health Care ◽  
Health Care Reform ◽  
Health Care Access ◽  
Long Term Effects ◽  
Fiscal Health ◽  
Health Care Reforms ◽  
Positive Effects ◽  
Care Access ◽  
The Usa

One of the most significant health care reforms since the implementation of Medicare and Medicaid, the Affordable Care Act (ACA) enacted into law in 2010, was met with widespread criticism. The expansion of Medicaid eligibility was a specific focus of these critiques as sceptics believed the long-term effects would be primarily negative for both the physical and fiscal health of the population. This article provides a brief history of the ACA along with the role of political and public opinion. This is followed with an analysis of initial criticisms and concerns surrounding the eligibility and expansion—with a brief discussion of the constitutionality of the law. Finally, while the long-term effects of the ACA upon health care access and service in the USA are yet to be seen, preliminary results indicate positive effects, contrary to the negatives originally assumed. The article concludes with a summary of current health care reform and a prospective on the future of health care reform in the USA.

scholarly journals Towards a comprehensive assessment system of local government fiscal health

2021 ◽  
Vol 95 (7/8) ◽  
pp. 233-244
Author(s):  
Jurriaan Kooij ◽  
Tom Groot
Keyword(s):  
Local Government ◽  
Prediction Models ◽  
Empirical Studies ◽  
Health Indicators ◽  
Service Level ◽  
Bankruptcy Prediction ◽  
Assessment System ◽  
Fiscal Health ◽  
Performance Dimensions

Understanding fiscal health, also commonly referred to as financial condition, is key to sound decision making and the proper functioning of local government. Nonetheless there is no agreed upon way to measure fiscal health. We argue that the use of a conceptual framework is essential in furthering our understanding of measuring and assessing local government fiscal health. In this study we offer a framework and a set of financial accounting indicators visualizing fiscal health on the short and long term, taking into account the existing liabilities and local government obligations towards its constituents. The study draws on the theoretical and empirical analysis of corporate bankruptcy prediction models and local government fiscal distress models. We develop a possible comprehensive set of fiscal health indicators and compare it with existing empirical studies of local government fiscal health. The model captures current performance in four solvency dimensions (cash, budget, service-level and long term) and allows for predictions of future performance, taking into account risks (predictors of possible future financial stress) and capabilities (opportunities to strengthen future financial health). We tested our model by reviewing 33 empirical studies and found that we could allocate all indicators used to the dimensions of our framework. No empirical study appears to address all dimensions. The selection of performance dimensions is partly driven by the studies’ research objectives.

The Philippines in 2007: Ballots, Budgets, and Bribes

Asian Survey ◽  
2008 ◽  
Vol 48 (1) ◽  
pp. 75-81 ◽  
Author(s):  
Allen Hicken
Keyword(s):  
The Philippines ◽  
Long Term Effects ◽  
Fiscal Health

The year 2007 was typically turbulent for the Philippines. Violence-plagued mid-term elections produced a stinging defeat for President Arroyo's Senate team, while corruption scandals spurred another impeachment attempt. The economy was relatively robust, but concerns remain about the country's fiscal health and the long-term effects of a strong peso.

Therapy and prevention for mental health: What if mental diseases are mostly not brain disorders?

2019 ◽  
Vol 42 ◽  
Author(s):  
John P. A. Ioannidis
Keyword(s):  
Mental Health ◽  
Mental Disease ◽  
Brain Disorders ◽  
Social Stressors ◽  
Labor Education ◽  
Mental Diseases ◽  
Long Term Follow Up ◽  
Political Decisions

AbstractNeurobiology-based interventions for mental diseases and searches for useful biomarkers of treatment response have largely failed. Clinical trials should assess interventions related to environmental and social stressors, with long-term follow-up; social rather than biological endpoints; personalized outcomes; and suitable cluster, adaptive, and n-of-1 designs. Labor, education, financial, and other social/political decisions should be evaluated for their impacts on mental disease.

Conceptual short-term memory (CSTM) supports core claims of Christiansen and Chater

2016 ◽  
Vol 39 ◽  
Author(s):  
Mary C. Potter
Keyword(s):  
Working Memory ◽  
Rapid Serial Visual Presentation ◽  
Language Comprehension ◽  
Short Term Memory ◽  
Visual Presentation ◽  
Long Term Memory ◽  
Short Term ◽  
Term Memory ◽  
Use Of Knowledge

AbstractRapid serial visual presentation (RSVP) of words or pictured scenes provides evidence for a large-capacity conceptual short-term memory (CSTM) that momentarily provides rich associated material from long-term memory, permitting rapid chunking (Potter 1993; 2009; 2012). In perception of scenes as well as language comprehension, we make use of knowledge that briefly exceeds the supposed limits of working memory.

Brief summary of Kleť photographic search programme for minor planets

1999 ◽  
Vol 173 ◽  
pp. 189-192
Author(s):  
J. Tichá ◽  
M. Tichý ◽  
Z. Moravec
Keyword(s):  
Ccd Camera ◽  
Minor Planet ◽  
Minor Planets ◽  
Main Belt

AbstractA long-term photographic search programme for minor planets was begun at the Kleť Observatory at the end of seventies using a 0.63-m Maksutov telescope, but with insufficient respect for long-arc follow-up astrometry. More than two thousand provisional designations were given to new Kleť discoveries. Since 1993 targeted follow-up astrometry of Kleť candidates has been performed with a 0.57-m reflector equipped with a CCD camera, and reliable orbits for many previous Kleť discoveries have been determined. The photographic programme results in more than 350 numbered minor planets credited to Kleť, one of the world's most prolific discovery sites. Nearly 50 per cent of them were numbered as a consequence of CCD follow-up observations since 1994.This brief summary describes the results of this Kleť photographic minor planet survey between 1977 and 1996. The majority of the Kleť photographic discoveries are main belt asteroids, but two Amor type asteroids and one Trojan have been found.

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