Private opportunity, public benefit?

Article Abstract:

The Private Finance Initiative (PFI) is a program of the British government benefitting both the public and private sectors. The PFI was created as a means of actively involving the private sector in the financing of public infrastructure programs. The PFI initiated various infrastructure projects such as the Skye Bridge, the Channel tunnel Rail Link and the London Underground's Northern Line. Some PFI projects were able to deliver value for money and increased the competition that would also boost the public sector's flexibility in achieving its social aims.

Public Finance-Total Govt, Social policy

---

Forecasting the PSBR outside government: the IFS perspective

Article Abstract:

The United Kingdom's public financial forecasts using the public sector borrowing requirement have produced erroneous results due to erratic growth cycles and misjudgement of gross domestic product. The Institute of Fiscal Studies' (IFS) evaluation of public finance forecasts serve as a verification of their accuracy and stimulate public discussion on the topic. The methods of the IFS differ from the government's in its separate treatment of revenue and spending and its use of non-complex models of revenues and taxes.

United Kingdom. Treasury, Institute for Fiscal Studies

---

Financing regional government in the UK: some issues

Article Abstract:

The financial concerns of regional governments in the UK are addressed. These concerns, such as resources needed and spending policy, are weighed in conjunction with the particular function of the regional government. Financing schemes using fiscal transfers from the central government and by regional taxes are also analyzed. Three possible sources of regional tax are sales tax, income tax and a regional business rate. The last source is considered the best choice.

Public Administration, Regional Government, Finance, Local government

Similar abstracts:

• Abstracts: New world brought to you by.... Microsoft backs ratings system for the Internet. The Mac's high road to a spot on the Internet
• Abstracts: Taking a step toward converting the home into a supercomputer
• Abstracts: Many doors to Microsoft's new Windows. Microsoft adding to Java and to Sun rift. Microsoft sees a major shift for computers
• Abstracts: Going Digital Can Focus Marketing. The new face of presentations. In-house publishing, professional results
• Abstracts: Satellite-data firm hopes to prove it's no pie in the sky; Teledesic says it's close to getting FCC license for celestial Internet

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.