The local government debt Abstract: As China’s economy has increasingly grown at an incredible high speed about average 9.8% gain every year before the 2008 financial‚ and china has became the world second-largest economy. Local government plays an important role in keeping such a rapid growth through the large amount of investment. However‚ the local government debt has increased substantially‚ following the growth of total economy. And the problems and potential troubles brought by the local
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1 Government-Business Relations in Greater China and Challenges for Public Administration Abstract This paper examines the development of government-business relations in China‚ Hong Kong‚ and Taiwan and identifies important managerial issues from the Chinese experience. The paper first introduces theoretical concepts about the role of government in economic development and arguments about business promotion and government regulation policies. It then reviews economic development in the
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QUESTION 3 E-government refers to multi-dimensional communications that provide services to the public through the use of information communication technology (ICT). Discuss the rationale for implementing E-government in Malaysia. The implementation of electronic government started since the initiation of Multimedia Super Corridor (MSC) by the Malaysian government. The status of e-government implementation in Malaysia is widely discussed as to the potential of e-government implementation towards
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Aboriginal Self-Government at the National Level: Progressing towards a Legitimate Goal The Royal Proclamation of 1763‚ and the Constitution Act‚ 1982 that reaffirmed the existing rights of Aboriginals‚ both establish that it is legitimate for Aboriginal self-government to be located at the national level. A nation-to-nation relationship shows the greatest respect for the sovereignty of the Aboriginal peoples and therefore have the greatest legitimacy. However‚ it would impossible for Aboriginal
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called “Our Government Overlords‚” Antony Davies‚ an associate professor of economics at Duquesne University in Pittsburg‚ and James R. Harrigan‚ the CEO of FreedomTrust‚ argue that the government is exploiting the power of eminent domain‚ a clause that allows the government to take land if it’s going to better the entire community. They’re taking advantage of this clause by misleading the people that they’re property will be used to better the entire community‚ which in reality the government is actually
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What role should German government play in business? As part of her efforts to combat the economic crisis‚ German Chancellor Angela Merkel is increasing the state’s influence in the market‚ buying holdings in banks and bailing out individual industries and companies. Considering these new course of the government‚ there arises the question what role should the German government play in business? On the one hand‚ if done correctly and in a limited way‚ government intervention can correct negative
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Governmental Interference in American Industrial Developments Between the years of 1865 and 1900‚ the federal government in America acted as a primary source for guidance during the growth in industrial development and market capitalism. It was a time of booming industries and soaring profits for both the people and the government. The government desperately wanted to push forward and help the growth of the newfound industry boom in America‚ but they also recognized that they needed to implement
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2010–present government debt crisis Main article: Greek government debt crisis Greek government debt levels between 1999 and 2010. By the end of 2009‚ as a result of a combination of international and local factors (respectively‚ the world financial crisis and uncontrolled government spending)‚ the Greek economy faced its most-severe crisis since the restoration of democracy in 1974 as the Greek government revised its deficit from a prediction of 3.7% in early 2009 and 6% in September 2009
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sovereign nation operates a federal system of government i.e the federal government‚ state government and the local government councils. Onwo (1992) Observed that each level of the three tiers of government derive its powers not from the magnanimity of the central government but from the constitution; each level of government has defined responsibilities assigned to it by the constitution. The implication of this is that the three segments of governments are mutually interrelated in a unified effort
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Does Government Need to Grow ? The premise of this article is to address whether or not the government needs to grow. In order to find a valid answer to this question‚ the author goes through different situations that have arisen surrounding government growth. This historical perspective is provided in order to educate the reader as to what has happened thus far. The article tells of different conclusions made by the collecting and analyzing of data. In connection to this data‚ two separate theories
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