INFLATION Inflation is a term that refers to a persistent increase in general price levels of goods and services over a given period of time. The rise in inflation is mainly attributed to rise in food and fuel costs which results in a sharp rise in the prices of goods and services in the local market. MEASURING INFLATION Consumer Price Indices Inflation rate is calculated as the rate of change in consumer price indices from one period to another. Periods can be yearly or monthly. Pa-(Pa-1)Pa-1×100Where:
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Public sector companies The public sector‚ sometimes referred to as the state sector or the government sector‚ is a part of the state that deals with either the production‚ ownership‚ sale‚ provision‚ delivery and allocation of goods and services by and for the government or its citizens‚ whether national‚ regional or local/municipal. Examples of public sector activity range from delivering social security‚ administering urban planning and organizing national defense. The organization of the
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Leadership in the Public Sector Misha R Glassel BPA 406 Joseph Catrucco University of Phoenix August 17‚ 2009 Abstract Public leadership is difficult to define in general terms as there are so many characteristics that are needed in order to be successful. The general public relies on leaders to administer programs that are beneficial to the public that anyone can apply for or use and usually are non-profit such as Medicaid/Medicare. Private sector organizations also have leaders
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CARICOM Single Market and Economy (CSME) is indeed a mixed blessing as it carries various benefits as well as challenges for the Caribbean islands. Firstly I will attempt to describe the CSME in its entirety giving the benefits and the shortfalls of its implementation and how it will affect the islands positively or negatively and the factors that may result in the contrasting outcomes. Overview of the CSME The CSME is also known as the Caribbean Single Market and Economy was first
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Cameron R. Phillips Public Sector Economics 03 June 2013 Subject: Memorandum Proposal In describing the economic advantages and disadvantages of the proposed tax policy change the advantage is that revenues increase substantially from $9‚134 billion to $184‚807 billion. From a macroeconomic viewpoint‚ the more money in circulation‚ the more money the firms will receive. With a greater amount of funds in circulation the more that workers will have in their net income. This concept stimulates
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UNIT 1: MANAGING UP: THE FRAMEWORK OF PUBLIC SECTOR MANAGEMENT |MINOR ASSIGNMENT – READING REPORT TEMPLATE | Participants – use this template for your reading report. Delete the prompters from the template headings (the parts in brackets) before you submit. Also‚ insert your details in the header of your reading report. |Participant’s name: |
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INFLATION The government control measures‚ all over the world‚ keep business cycles under control. What has gone nearly uncontrolled over the time is the problem of almost continuous increase in the general price level (this is the problem of inflation). The problem of inflation got accentuated since the early 1970s. It emerged as the most intractable economic problem for both theoreticians and policy-makeovers all over the world. Inflation has been a common problem of the developed and the developing
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Case Analysis of the Introduction of New Public Management in Small States By: Tamara McLeod ID #: 03-048181 Identify the main public sector reform issues and problems in the case Public sector reform refers to strengthening the way public sector is managed. The public sector may try and do too much with two little resources. In the case the main public sector reform issues highlighted were: • Political Issues‚ such as the political will of government representative‚ the Westminster/Whitehall
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A Summary of the National Response Framework Amber Coté Pikes Peak Community College Abstract The purpose of this paper is to become acquainted with the evolution of national incident response over the last twenty years in America; and henceforth‚ gain a better understanding of the current multi-agency/multi-discipline approach to national disasters and emergencies. This summary briefly reviews the history of federal planning documents over
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Introduction What is GDP? The Gross Domestic Product (GDP) has been the most widely used indicator of a nation’s welfare since 1944. For decades‚ people regard countries with higher GDP as stronger ones and whatever is good for the GDP is also good for the nation. But is that true? And what does GDP actually measure? In my opinion‚ GDP only measures part of the economic growth‚ while ignores the economic health and human well-being. First of all‚ GDP counts all the money transitions of goods and
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