260 JOURNAL ECONOMICSAND FINANCE 9 Volume28 9 Number 2 9 Summer 2004 OF THE CAUSAL RELATION BETWEEN GOVERNMENT REVENUE AND SPENDING: EVIDENCE FROM EGYPT AND JORDAN By Bassam AbuAI-Foul and Hamid Baghestani* Abstract In investigating the causal relation between government revenue and spending‚ our empirical results support the tax-and-spend hypothesis for Egypt and the fiscal synchronization hypothesis for Jordan. Breaking away from these historical trends is essential for both countries to
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‘In Safe Hands’. This established the national framework for the development of local policies/procedures and guidance for the protection of vulnerable adults. In Wales the guidance was issued under section 7 of the Local Social Services Act 1970‚ establishing the framework for these local policies and procedures. Therefore providing the basis for social services departments in Wales‚ to co-ordinate a process of local policy development‚ to prevent‚ identify‚ respond to and ameliorate action against
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understanding and meeting the needs of the highly technological computer world. Consequently‚ most organisations developed a specialized group of computer professionals who were responsible for the design and development of computerized systems. The only problem was that many of these computer professional lacked experience and understanding of the various
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Identify the strategies for strengthening local financial capacity in Malaysian local government. The first strategy that can be used to strengthen the financial capacity in Malaysian local government is by generating the new avenues for revenue source which are sought to supplement the income of the local authorities. This may include sale of the municipal bonds‚ rezoning of the land from the residential to commercial purposes or taking the equity share in the privatization project. Another
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http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations‚ and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria‚English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa‚ Igbo‚ Yoruba and
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INTRODUCTION Nigeria‚ like the rest of the world‚ is exposed to a wide range of natural or human induced disasters. While some of these disasters are rapid‚ others are slow-onset‚ resulting in catastrophic situations leading to loss of lives and property‚ degradation of environment. These disasters occur in form of drought‚ desertification‚ flooding‚ epidemics‚ coastal erosion‚ dam failure‚ building collapse‚ oil spillage‚ maritime collision or accident‚ bomb explosion‚ communal clash‚ fire‚ air
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Theme No. 7 Capacity building for encashing technological options and Entrepreneurial Opportunities Role of Women Entrepreneurs in Agricultural Development: Problems and Prospects Dr. C.S Arneja and Gaganpreet Kaur Dept. of Extension Education Punjab Agricultural University‚ Ludhiana. ABSTRACT The emergence of entrepreneurs in agriculture and allied activities can propel our rural population into self sustaining individuals‚ who in turn can catalyze the development of economy. The concepts of
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Councillors are unpaid‚ have a responsibility to be well informed on relevant Council matters. Councillors may vote‚ resign‚ request items to be added to Council Agendas‚ chair working parties‚ and represent the Council on outside bodies. Councillors: Must be over 18‚ British/European nationals‚ and not a declared bankrupt1‚ May sign cheques2‚ May act as Clerk on an unpaid basis3‚ Must attend when summoned to the requisite number (at least once every six months) of Council meetings4‚ Must
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Prospect theory Prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979 as a psychologically realistic alternative to expected utility theory. It allows one to describe how people make choices in situations where they have to decide between alternatives that involve risk‚ e.g. in financial decisions. Starting from empirical evidence‚ the theory describes how individuals evaluate potential losses and gains. In the original formulation the term prospect referred to a lottery.
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change in the economic environment in which it operates‚ hence the need to review the regulating instruments from time to time. Nigeria is governed by a federal system hence its fiscal operations also adhere to the same principle‚ a fact which has serious implications on how the tax system is managed. The country’s tax system is lopsided‚ and dominated by oil revenue. It is also characterized by unnecessarily complex‚ distortionary and largely inequitable taxation laws that have limited application
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