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This is because it will involve governments to re-plan and allocate resources to finance the reconstruction. 5) Creation of super national organizations – E.g., the United Nations, NATO, European community and other multinational organizations that are responsible for the provision of public goods and services on an international basis, have ...
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. [1] As a subject of study, it is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or ...
A deficit can be of 3 types: revenue, fiscal and primary deficit. Governments usually finance this deficit by either borrowing from the private sectors of their countries or other countries' governments and international institutions. The accumulation of these borrowings will create government debt, also referred to as national debt and public ...
Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's fiscal policy.
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company.
Through the 2012 campaign, public funding was also available to finance the major parties' national nominating conventions. To receive subsidies in the primary, candidates must qualify by privately raising $5000 each in at least 20 states.
Personal finance may involve paying for education, financing durable goods such as real estate and cars, buying insurance, investing, and saving for retirement. [9] Personal finance may also involve paying for a loan or other debt obligations. The main areas of personal finance are considered to be income, spending, saving, investing, and ...
The concept "innovative financing for development" was first mentioned and introduced at the International Conference on Financing for Development in 2002. The Conference led to what is now called the Monterrey Consensus where signatories acknowledged "…the value of exploring innovative sources of finance provided that those sources do not unduly burden developing countries."