Public Finance Essays (Examples)

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This allows the public to see where their taxes are being spent and the way it is addressing the short / long-term issues. (Ekstedt, 2012) (Holzer, 2011)
Public choice and the political processes

The public has a choice as to who they want to represent them and the way various services will be provided to them. This means that they will select individuals who are closely aligned with these beliefs and can meet their larger objectives. The political process will involve having an open discussion of how different services should be provided and the way numerous resources will be allocated. This allows the public to determine if a particular candidate will meet their objectives and if they can provide them with the resources they require in meeting these goals. (Ekstedt, 2012) (Holzer, 2011)

elate these topics to the budget process, its participants, and the key information used to make budget decisions.

These topics….

Public Finance Proposal
New York State Financial Budget

2010/2011 budget New York

While preparing the 2010/2011 New York budget, efficiency and transparency is to be put into consideration. The budget is prepared with recommendations from the executive board, the Director General, who decided on the priorities of the budget, while other field offices, BB and sector bureau also gave their contributions and estimates. Drafting of the budget and presenting it to the 181st session of the board undergoes revision, later presented to 182nd session, which the general conference approves during the 35th session.

The enactment of the budget was in regards of section 401 and 423, and according to Military Construction and Veterans Affairs and elated Agencies Appropriations Act of 2010; sec 9001 appropriated funds for the department of defense. Sec 9003 executed and supported operations in overseas as long as there was supervision. Education sector had an accountability system that provided by the….

Public Finance and Legislative Procedures: Tax Incidence and Legal Liability
Why is the incidence of a tax independent of legal liability for the tax?

The incidence of a tax measures the distribution of the tax burden among producers and consumers. The party that remits the tax, however, is independent from whoever ends up bearing the tax burden in the long run. This is because the inelasticity of the demand and supply of a good determines the portion of tax that will be paid (Hyman, 2011). The party that may be legally liable to pay a tax may be different from the party that ends up bearing the tax burden because when a tax is imposed on a good, it affects the supply and demand of that particular good, which changes the equilibrium prices. These changes in prices are the ones responsible for the shifting of the tax burden away from the person….

Public Finance and Legislative Procedures: The Social Security etirement System
Can the Social Security etirement System be declared bankrupt?

When Franklin D. oosevelt approved the Social Security Act in 1935, he intended to rid American citizens of the burden of catastrophic wage loss that would arise from the disability, death or retirement of a member. The privatization of social security, however, allows workers to handle their retirement money via personal accounts. In essence, the underlying notion is that retirees are given the liberty to put their retirement money into the financial markets, which will earn them higher returns than with government invested funds. Private pension sponsorship significantly reduces the amount of retiree incomes that Security Systems receive (Schieber, 2012).

It is, however, impossible for Social Security to go bankrupt. This idea mostly arises from a major misconception about how Social Security etirement Systems work. Each person contributing taxes to Social Security does not….

Public Finance Principles
PAGES 2 WORDS 558

Public Finance
The inability of the general population to govern themselves have relegated this group to the subjection of the government and those who have the power in society. It is blaringly obvious that people in general have very little competence when managing finance and public financing operations should only be performed by those who are in the elite public arena and have been educated to do the right thing. The purpose of this essay is to discuss and highlight the major principles of public finance. This essay will discuss the relationships between this practice and its participants and incorporate key information that is useful for making budget decisions

Public Finance

According to Laws.com, public finance is "a description that looks at the governmental effects, efficient resource allocation distribution of income, and macroeconomic stabilization of the expenditures and revenue of public authorities." The word "government" is also important to investigate. The word itself….

here is some circularity to this argument; government needs to "scale up infrastructure investment to reduce production and trade costs" (Mubiru, a. 2010. PP. 5), yet cannot do so without consistent revenue streams.
he property tax represents a broad-based scheme "which offers a significant, and largely unexploited opportunity for taxation in Africa" (Mubiru, a. 2010. PP. 5). Property taxes "can grow with urban development and the corresponding need for urban infrastructure…and are progressive, scalable, and administratively feasible" (Mubiru, a. 2010. PP. 5). In Botswana "local authorities levy rates on property owners" (Deloitte.com. Botswana. 2012. PP. 1-2) with sale rates not exceeding five percent (Deloitte.com. Botswana. 2012. PP. 1-2). he "rates" provide a solid funding base which allows for continued upgrade and development of infrastructure. Zimbabwe by contrast has no property tax rate which has left their infrastructure open to decay and stagnation. he rule for policy onlookers should be a….

Finance in Public Administration
One of the important components towards the successful delivery of services to the public is management of financial resources. Financial management in public administration basically entails budgeting as well as budget execution, monitoring, and accounting with respect to planning and programming of public administration. In essence, public finance administration basically entails raising revenue from the public, allocation of public funds and other financial resources, and managing public assets. These processes are usually carried out to help ensure that the government has adequate money to finance all its activities. In this regard, proper financial management in public administration is crucial towards preventing misuse of public money or resources as well as ensuring compliance with the relevant financial regulations. This paper examines finance in public administration in relation to the budgeting process and budget decision-making based on the fundamental principles of public finance.

Fundamental Principles of Public Finance

The management of….

Law Enforcement and the Budget The most important stakeholders in the public finance of law enforcement organizations are the tax payers. Without taxes collected, the government could not afford to fund organizations. Municipal taxes, bonds, grants and more all go to fund law enforcement organizations. State and local taxes pay salaries and pensions for retiring officers, and yet still many municipal, state and federal level law enforcement agencies are required to borrow in order to meet structural requirements. Many cities run a continual budgetary deficit, with mounting debts putting pensions at risk. This is common across America with states like Kentucky and Illinois essentially sitting on a time bomb of debt. This impacts the other stakeholders—the workers in the law enforcement agencies, as well as the public, who are served by the law enforcement workers and the elected officials who must oversee the plans for allocating sources for budgetary purposes. As….

public administration and considers the effect of their writings and theories on the field of public administration. It has 6 sources.
An analysis of the core areas of public administration and how these areas interrelate with one another; taking into account the theories and writings of major players in the field of public administration and how their views shaped these areas.

The principles of public administration are the clearest description of its usefulness to society and government. This administrative science is barely 100-125 years old in the U.S. And a little over 200 years old in France. Tracing its roots back to Napoleon, public administration evolved largely as a result of the increasing complexity of society, economy and technology. The French system of Public Administration is still considered by many to be the world's best. Compared to Germany and Britain, the U.S. was relatively slower to utilize public administration in widespread….

PPP
One of the newer concepts in public policy is the idea of the public-private partnership, or PPP. Essentially, PPPs are when the government works with private enterprise on a project. Public projects tend to be those that benefit society as a whole, and traditionally governments as representatives of the people have been the drivers of such projects. Private enterprise has often specifically avoided many types of projects because of the financial or operational risk involved. A public-private partnership is a form of development where government and private enterprise share the risk and capital expenditure in a project. The split will be different for every project, but it often involves the government taking on some risk in order to facilitate the project moving forward, on the principle that the project moving forward is in the best interests of the general public. In some instances, the government utilizes public-private partnerships to facilitate….

Public Finance
Philosophy of public finance

All states must raise some sort of revenue to pay for the basic services it must offer to protect its citizens and provide them with needed services. The degree to which the state should act in such a supportive fashion may vary depending on the perspective of the individual but the notion that some state financing is needed for a nation to be functional is difficult to debate. Taxation is one of the primary methods through which the state extracts revenue. Although there are many different competing philosophies about the purpose of government financing, most would agree that the government can serve as an engine of growth if it allocates its assets in an appropriate manner.

One of the most influential texts defining a philosophy of public financing was that of ichard Musgrave's The Theory of Public Finance. Musgrave's (1959) text stressed that "normative goals of efficiency,….

Public Government Finance
PAGES 5 WORDS 2042

Public/Government Finance
Public (Government) Finance

This essay examines the debate over extending unemployment benefits. The essay reviews the arguments in favor of and against further extensions, and the implications for economic and social policies. After exploring the alternatives, I make a recommendation and discuss means of measuring the success or failure of my recommendation.

The Apparent Problem/The Facts

Unemployment insurance is compensation that is provided to workers who become unemployed through no fault of their own. Unemployment provides compensation for a specific amount of time, or until a worker finds a new job. Regular unemployment provides benefits for up to 26 weeks, based on the number of weeks that the unemployed person worked in his or her claim year (Doyle, 2011).

Extended unemployment benefits provide compensation for a longer period of time, and are available for workers when they have exhausted regular state unemployment benefits during periods of high unemployment. In addition, the unemployed may….

Finance
Any Asset Pricing Theory forms the basic foundation of finance theory, in that it deals with the value of any asset under unknown or uncertain circumstances. The relationship between an asset and its price is the mainstay of the asset pricing theory: the lower the price, the poorer the expected performance. The Arbitrage Pricing Theory derives from this theory. The basic idea in the APT theory is that any sort of risk in asset returns must not affect the pricing of the asset in any way; it must depend on the covariance of assets with the risk factors. (Bayesian Approach of the Arbitrage Pricing Theory) The APT originated from Stephen oss, 1976-1978. oss had used a statistical procedure for assets returns, with the belief that there are in existence no arbitrage probabilities. The APT must of necessity involve a lot of risk taking processes, (Definition of Arbitrage Pricing Theory.)

While CAPM,….

Sorkin, however, posits no argument per se. ather, his book offers insight into how the financial crisis manifested from a far more personal perspective of those involved than anything else. The book is informative in nature, and give insight into some of the thought processes and activities those on the outside may not otherwise be exposed to or privy to. The title of the book sums it up best, and the book outlines how the banks and the primary players and stakeholders have become too big to fail. The book highlights the self-interest of those in charge of some of the biggest financial institutions in the world and their blatant disregard for Main Street.
The book has a place in the larger academic debates raised within public knowledge because it adds to the public's real knowledge of those involved in the nation's financial industry and government offices. Instead of speculating….

Finances in Nursing, Interview
Description of the role of a CFO within selected organization

A CFO has to have a sharp understanding of finance. Individuals presume that CFOs have that; however one would state it's not in all cases. It's likewise being capital-market-savvy, over and above the oversight of company operations, which undoubtedly the controllers are accountable for, it's additionally being somebody who is interacting the essential strengths of the business well (Corson and Miyagawa, 2012).

A great CFO thus within the selected organization is somebody who in fact builds equity assessment models for their own business. That is vital since exactly what occurs is, when somebody does that, they in turn have the ability to offer additional information that is better to some other business entity who is basically attempting to come up with an evaluation. Concise disclosure is an unbelievably vital part of the job description of the CFO (Corson and….

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3 Pages
Term Paper

Economics

Finance in Public Finance There

Words: 851
Length: 3 Pages
Type: Term Paper

This allows the public to see where their taxes are being spent and the way it is addressing the short / long-term issues. (Ekstedt, 2012) (Holzer, 2011) Public choice…

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3 Pages
Essay

Economics

Public Finance Proposal New York State Financial

Words: 1037
Length: 3 Pages
Type: Essay

Public Finance Proposal New York State Financial Budget 2010/2011 budget New York While preparing the 2010/2011 New York budget, efficiency and transparency is to be put into consideration. The budget is prepared…

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2 Pages
Essay

Economics

Public Finance and Legislative Procedures Tax Incidence

Words: 710
Length: 2 Pages
Type: Essay

Public Finance and Legislative Procedures: Tax Incidence and Legal Liability Why is the incidence of a tax independent of legal liability for the tax? The incidence of a tax measures the…

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2 Pages
Essay

Economics

Public Finance and Legislative Procedures The Social

Words: 681
Length: 2 Pages
Type: Essay

Public Finance and Legislative Procedures: The Social Security etirement System Can the Social Security etirement System be declared bankrupt? When Franklin D. oosevelt approved the Social Security Act in 1935, he…

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2 Pages
Essay

Economics

Public Finance Principles

Words: 558
Length: 2 Pages
Type: Essay

Public Finance The inability of the general population to govern themselves have relegated this group to the subjection of the government and those who have the power in society. It…

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3 Pages
Essay

Economics

African Public Finance the Heritage

Words: 870
Length: 3 Pages
Type: Essay

here is some circularity to this argument; government needs to "scale up infrastructure investment to reduce production and trade costs" (Mubiru, a. 2010. PP. 5), yet cannot do…

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2 Pages
Essay

Economics

Public Administration and Finance

Words: 772
Length: 2 Pages
Type: Essay

Finance in Public Administration One of the important components towards the successful delivery of services to the public is management of financial resources. Financial management in public administration basically entails…

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2 Pages
Essay

Law - Enforcement

Public Funding and the Police

Words: 673
Length: 2 Pages
Type: Essay

Law Enforcement and the Budget The most important stakeholders in the public finance of law enforcement organizations are the tax payers. Without taxes collected, the government could not afford to…

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8 Pages
Term Paper

Government

Public Administration and Considers the Effect of

Words: 2154
Length: 8 Pages
Type: Term Paper

public administration and considers the effect of their writings and theories on the field of public administration. It has 6 sources. An analysis of the core areas of public…

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3 Pages
Essay

Economics

Public Private Partnerships

Words: 964
Length: 3 Pages
Type: Essay

PPP One of the newer concepts in public policy is the idea of the public-private partnership, or PPP. Essentially, PPPs are when the government works with private enterprise on a…

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3 Pages
Research Paper

Economics

Difference Between Public and Private Entity Accounting

Words: 966
Length: 3 Pages
Type: Research Paper

Public Finance Philosophy of public finance All states must raise some sort of revenue to pay for the basic services it must offer to protect its citizens and provide them with…

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5 Pages
Research Paper

Economics

Public Government Finance

Words: 2042
Length: 5 Pages
Type: Research Paper

Public/Government Finance Public (Government) Finance This essay examines the debate over extending unemployment benefits. The essay reviews the arguments in favor of and against further extensions, and the implications for economic…

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5 Pages
Term Paper

Economics

Finance Any Asset Pricing Theory Forms the

Words: 2111
Length: 5 Pages
Type: Term Paper

Finance Any Asset Pricing Theory forms the basic foundation of finance theory, in that it deals with the value of any asset under unknown or uncertain circumstances. The relationship between…

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10 Pages
Book Review

Economics

Finances Critical Book Reviews America's

Words: 2634
Length: 10 Pages
Type: Book Review

Sorkin, however, posits no argument per se. ather, his book offers insight into how the financial crisis manifested from a far more personal perspective of those involved than…

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5 Pages
Term Paper

Business

Finances in Nursing Interview

Words: 1724
Length: 5 Pages
Type: Term Paper

Finances in Nursing, Interview Description of the role of a CFO within selected organization A CFO has to have a sharp understanding of finance. Individuals presume that CFOs have that; however…

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