Finally, as a matter of economic policy, the Animal Science Products case highlights the very real harm that occurs when national governments tolerate export cartels that
reduce economic welfare outside their jurisdictions, merely because domestic economic interests are not directly affected.
That it would be very difficult to convince nations to voluntarily
reduce economic welfare should be a fairly uncontroversial notion.
In other words, when policies on emissions reductions require
reduced economic welfare, public tolerance for such policies will be extremely limited.
Such cartel activity
reduces economic welfare by artificially fixing prices and reducing the output of affected goods and services.
Not exact matches
Arguably his signature achievement is to have radically
reduced the fiscal capacity of the federal government, and with it, the broader role of government in advancing the
economic and social
welfare of Canadians.
The IME and WB insist on
reducing the role of the State in
economic life and in public social
welfare.
Today the State is closing down the state primary schools for the poor, and they are not interested in aiding private agencies to conduct such schools, because they see it as a costly exercise in social
welfare which
reduces money for investment in hi - tech development aimed at
economic growth.
If it did, there is the potential for pro-competitive conduct by firms with substantial market power to be deterred, with consequentially
reduced gains in efficiency and productivity and hence
economic welfare.
The deficit would shrink because
economic growth would boost jobs and tax revenues and
reduce welfare bills.
Energy efficiency gains
reduce the cost of important energy services such as lighting, heating, and transportation, thus enabling their consumption in greater quantities and, by extension, contributing to
economic and social
welfare.
Building Indigenous wealth, employment and entrepreneurial culture, as these are integral to boosting
economic development and
reducing poverty and dependence on passive
welfare.3
The goal of the IEDS is to support Indigenous Australians achieve
economic independence by
reducing their dependence on passive
welfare.
This means that
reducing such discrimination will lbring social,
economic and health benefits for Australians with disability and
reduce welfare and health expenditure.
This is realized in
reduced expenses of grade retention, special education services, and a higher earning potential and
economic success in adulthood, thus
reducing dollars needed for
welfare and the criminal justice system.
Encouraging family
economic and material well - being:
reducing levels of
welfare dependence, encouraging the use of budgeting services, encouraging workforce participation, and encouraging forward
economic planning
There is evidence that maltreated children are at greater risk for lifelong health and social problems, including mental illnesses, criminality, chronic diseases, disability1 and poorer quality of life.2 A history of child maltreatment is also associated with lower adult levels of
economic well - being across a wide range of metrics, including higher levels of
economic inactivity, lower occupational status, lower earnings and lower expected earnings.3 Existing research suggests a ripple effect caused by lower educational achievement, higher levels of truancy and expulsion
reducing peak earning capacity by US$ 5000 a year4 or an average lifetime cost of US$ 210012 per person1 when considering productivity losses and costs from healthcare, child
welfare, criminal justice and special education.
Further
economic analysis, drawing on 15 - year outcome data (Olds et al., 1997) suggested that the
economic case for home visiting for all women was much stronger, given the impacts it had in terms of
reducing abuse, violence, the need for social
welfare benefits and improved employment prospects (Karoly et al., 1998, 2005).