It however said the policy had implementation challenges in the form
of infrastructure deficit, congestion, inadequate furniture, high preference for boarding status among others.
Not exact matches
Many
of the countries included in China's Belt and Road initiative are in
infrastructure deficit and require big project development efforts, says Sonal Varma
of Nomura.
«Since Sir John A. Macdonald laid a railway across a continent,
infrastructure has been both an immediate response to an urgent need and a hopeful act
of nation building,» Finance Minister Jim Flaherty said, casting
deficit spending as a proud part
of Canada's heritage.
But there is no need for political clashes to convince large trade surplus countries in East Asia to keep more
of their hard - earned savings home - instead
of financing
deficits of much richer countries - to improve their
infrastructure and public services.
Posted by Armine Yalnizyan under budgets, Conservative government,
deficits, federalism, fiscal federalism, global crisis, housing, IMF, income distribution, income tax, inequality, macroeconomics, OECD, public
infrastructure, Role
of government, StatCan, stimulus, taxation, TFSA, World Bank.
Expect a lot
of «clever» talk and «imaginative» ideas about how to finance new
infrastructure spending, without the words
infrastructure «
deficit» and «debt».
However, a budget
deficit that takes the form
of transfer payments to banks, as in the case
of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from
deficits that reflect social spending programs, Social Security and Medicare, public
infrastructure investment or the purchase
of other goods and services.
Posted by Armine Yalnizyan under Conservative government,
deficits, pensions, public
infrastructure, public services, Role
of government.
Posted by Nick Falvo under aboriginal peoples, Balanced budgets, child benefits, Child Care, corporate income tax, CPP, debt,
deficits, early learning, economic thought, federal budget, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, labour market, macroeconomics, OECD, Old Age Security, poverty, privatization, public
infrastructure, public services, Role
of government, social policy, taxation, women.
We have made this same case for
deficit financing
of infrastructure spending in previous commentaries (March 12, 2014).
Liberal candidates have the classic stimulus plum
of job - creating
infrastructure, though that
deficit - inducing investment appears to be spread proportionally across the provinces, rather than targeted at the ones most needing a kick - start.
Professor Scarthe also recommends that, once the
deficit is eliminated in 2015 - 16, any future government should gradually start creating a
deficit by, for example, spending on
infrastructure and this could be done while at the same time maintaining a stable debt to GDP ratio
of around 25 per cent over the medium to longer term.
The only time this has happened in history for a three year period or more was during World War II, when we were obviously printing enough money to finance a lot
of deficit spending on
infrastructure and public programs.
Virtually all
of the improvement in the $ 4.9 billion
deficit was due to «economic» factors ($ 4.7 billion), as the reprofiling
of $ 1 billion
of infrastructure funding from 2010 - 11 to 2011 - 12 slightly offset the net impact
of the loss in the Government's sale
of common equity in GM.
The ability for Trump to abrogate hard - fought existing trade agreements, to kill off universal healthcare, to
deficit spend building a huge amount
of infrastructure — including a wall — and provide tax cuts to those
of least need is deeply unsettling to many.
Minister Flaherty had done an excellent job
of pre-conditioning on what to expect: a commitment to eliminate the
deficit by 2015 - 16; no new «risky» spending; some funding for
infrastructure and skills training; and further restraint measures to offset revenue losses due to slower economic growth in 2013.
During the election campaign, Mr. Trudeau didn't shy away from acknowledging that his party's plans to invest in
infrastructure would result in several years
of deficit spending.
The key argument
of leading «salt water» Keynesian economists like Paul Krugman, Joe Stiglitz and Larry Summers is that governments can and should drive faster growth through
deficit financed public
infrastructure investment, which would boost short - term growth and also raise productivity and longer term growth prospects.
In both cases, Conservative parties were defeated by parties promising moderate progressive platforms that included tax increases and significant increases to public
infrastructure investment and explicit commitments to run
deficit budgets, for at least the short - term period in the case
of the NDP.
The recent federal election featured something
of a debate on fiscal policy, with the Liberals promising to run modest
deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in
infrastructure and social programs.
According to Mr. Prentice, it is because there are currently more sellers than buyers in the oil patch (and with the new Investment Canada restrictions, Canada has just ruled out an important set
of prospective buyers); because Canada has an
infrastructure deficit (not enough facilities to get the product to the right markets — Keystone XL etc); and due to the impact
of foreign investment rules.
With a severe
infrastructure deficit impacting the productivity
of our country, we are hopeful Minister Sohi's connection to Western Canada means that appropriate attention will be given to the ports, rails, and highway network that are crucial to doing business in B.C. and Canada.
Why should a country that has a current account
deficit of $ 9.5 trillion be spending money on other countries» water problems when we are so seriously neglecting our own
infrastructure?
The Blair / Brown economic legacy was one
of under - investment in key
infrastructure, notably transport and energy; a continuing decline in manufacturing contributing to a structural balance
of payments
deficit; an accelerating regional economic divide; and a speculative property and construction boom financing public and private consumption through highly leveraged government and household debt.
President underscored two economic pillars with emphasis on jobs and promised to introduce new legislations and policies, which will be intended to achieve sustainable economic growth, develop and expand agriculture, and address our very large
infrastructure deficit, with particular emphasis on road construction and the provision
of affordable and adequate electricity for all our people.
Of course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provisio
Of course, it is true that population growth
of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provisio
of any kind puts pressure on
infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the
deficit rather than expanding healthcare and education provision.
In doing so, they are heeding Boris Johnson's calls for a «citizen's wealth fund»: last October, London's mayor proposed pooling some
of the UK's 39,000 public pension funds into a single investment fund large enough to reduce the country's dependence on foreign investment and close its
infrastructure financing
deficit.
Peter, unless you can demonstrate a credible way
of doing so, without damaging both crucial services and the
infrastructure and innovation architecture on which the entire economy depends, I suggest that any economic policy that does claim that it can eliminate the budget
deficit — however you define that — is not worth the paper it is written on...
«Without that funding — that as -
of - yet - to - be-identified funding source — they will run a cash
deficit next year,» Jamison Dague, the commission's director
of infrastructure studies, said last week.
«Although we recognise the need for government to reduce the economic
deficit, it is critical that growth is kick started through investment in areas
of long term benefit to the UK, such as housing and
infrastructure.
Adeyeye, a former Minister
of State for Works, said, «This government budgeted N6.07 tn for the 2016 fiscal year with a
deficit of N2.22 tn, and according to the breakdown, N1.8 tn was budgeted for capital expenditure and President Buhari is now seeking to borrow over N9tn ($ 29.96 bn) for «critical
infrastructure».
Adeosun explained that the policy was expected to «Increase exposure
of financial or financial related crimes; support the fight against financial crimes and corruption; improved level
of public confidence in public entities; enhance transparency and accountability in the management
of public funds; improve Nigeria's Open Government Ranking and Ease
of Doing Business Indicators; and recover public funds that can be deployed to finance Nigeria's
infrastructure deficit.»
You built huge
infrastructure, provided solid roads, installed various power generation capabilities to resolve the power challenges this nation faced as a result
of deficits handed down.
Government's plan to find funds to deal with the dramatic
deficit in our
infrastructure needs, has at its heart, the exploitation
of our mineral wealth.
2.30 pm Oral Questions Ensuring effective implementation
of the stalking offences under the Protection
of Freedoms Act 2012 - Lord Kennedy
of Southwark Reducing the geographic disparity in Gross Value Added per head within the UK - Lord Wigley British Academy's report «Languages: the State
of the Nation» concluding that the UK will be unable to meet its aspirations for growth and global influence unless action is taken to remedy the
deficit in foreign language skills - Baroness Coussins Office
of Fair Trading's report on payday loans - Lord Mitchell Legislation Growth and
Infrastructure Bill - Report stage (Day 2)- Baroness Hanham Orders and Regulations Trade Union and Labour Relations (Consolidation) Act 1992 (Amendment) Order 2013 and Motion to Regret - Viscount Younger
of Leckie / Lord Young
of Norwood Green
Mounting pension costs, declining tax bases, crumbling
infrastructure and a growing number
of out -
of - work citizens relying on social safety nets meant deep budget
deficits and tides
of red ink.
«In the face
of unsustainable
deficits, the Postal Service must seek ways to cut costs and reduce the size
of its
infrastructure,» Joseph Mulvey, a USPS real estate specialist, wrote in a Dec. 31 letter to Bronx Borough President Ruben Diaz Jr. «We believe we have an opportunity in the Bronx to sell the existing Postal Service owned property located at 558 Grand Concourse, and right size our retail operation into smaller leased space.»
The
infrastructure deficit is a major challenge associated with the implementation
of the Free Senior High School programme.
The Minister
of Education, Dr. Matthew Opoku Prempeh, has described as inaccurate, reports that the increased enrollment under the Free Senior High School policy is solely to blame for cases
of congestion and
infrastructure deficit being experienced in some schools.
The Liberal Democrats insisted from the start that the recovery would be about more than just cutting the
deficit, which is why there has been a focus on
infrastructure, help for small businesses and support across all regions
of the UK.
The
infrastructure plan surfaced the same day as Trump unveiled the administration's annual budget request, which seeks to remedy the
deficit embodied in the tax law enacted in December through a decade's worth
of spending cuts amounting to $ 3.6 trillion.
When other counties were facing large
deficits, our County was recording a surplus that was used to pay down millions
of dollars in long - term debt and fund
infrastructure repairs with cash and avoid costly interest payments.
He said: «given the
deficit of infrastructure and expertise in many countries in our sub-regions and the regularity with which elections are conducted, concerns have been raised about cost, choice and effectiveness
of technology.
SPECTRUM NEWS VIDEO: Assemblyman Angelo Santabarbara discusses the challenges
of funding education,
infrastructure and direct care professional wages as state lawmakers debate how they are going to balance the budget while facing such a large
deficit.
This directly follows the commencement
of construction works for a similar facility in Ho last week as is part
of government's efforts to address the sports
infrastructure deficit in the country.
These are problems
of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost
of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor
infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance
of payments
deficits, and corruption.»
From its inception, the Career Development Center for Postdocs and Junior Faculty (CDC) has aimed to fill this
deficit by educating young researchers in the large body
of nonscience knowledge that young academic scientists need to advance their careers and the research
infrastructure of the United States.
The State
of Our Schools report identifies four key strategies for addressing the structural
deficits in the K — 12 public education
infrastructure:
WASHINGTON — U.S. Secretary
of Transportation Anthony Foxx today outlined his top priorities for the Department
of Transportation, highlighting America's
infrastructure deficit and identifying ways for the Department to use innovation and improved planning to stretch transportation dollars as effectively and efficiently as possible.
Secretary Foxx's tour will include visits to manufacturers, bridges, freight facilities, and highway projects in an effort to raise awareness
of America's
infrastructure deficit.