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Intervention and Efficiency by Economic Council of Canada Pdf
Monograph on the role of public sector banks and government agencys in the provision of credit, credit insurance and investment guarantys (state intervention in the financial market) in Canada - discusses trends since 1930, institutional framework, objectives and instruments (incl. Agricultural credit, consumer credit, export credit, housing mortgages and housing subsidy, and the impact on export promotion, economic growth, etc., and provides comparisons with OECD countries. Diagrams, graphs and references.
Author : John A. Irving Publisher : University of Toronto Press Page : 384 pages File Size : 41,9 Mb Release : 1959-12-15 Category : History ISBN : 9781487590451
The Social Credit Movement in Alberta by John A. Irving Pdf
"On the night of August 22, 1935, as Canadians listened to their radios, they heard, with amazement and incredulity, that the first Social Credit government in the world had been elected that day in the province of Alberta. . . . Before the tabulation of votes was completed, telephone calls from New York and London, headlines in newspapers, spot news in broadcasts, had confirmed the slogan of Social Crediters, 'The Eyes of the World are on Alberta.' The morning after the election a number of people lined up at the city hall in Calgary to collect the first installment of the Social Credit dividend of $25 monthly, which, they confidently believed, would be immediately forthcoming from their new government." This quotation from Professor Irving's book indicates how the apparent suddenness of the Social Credit rise to power and the magnitude of the victory aroused world-wide comment. Why had the doctrines of Social Credit, promoted unsuccessfully in the British Commonwealth and the United States for nearly twenty years, achieved political acceptance in Alberta? Why had the people of Alberta elected to public office persons so little experienced in the economic and political world as William Aberhart and his Social Credit colleagues? Professor Iving answers these questions and analyses systematically and comprehensively the rise of the movement as a phenomenon of mass psychology. His study, based mainly on interviews, supplemented with references to private papers, newspapers, and government sources provides a truly fascinating record.
Evaluating the Costs of Government Credit Support Programs During COVID-19: International Evidence by Mr. Gee Hee Hong,Deborah Lucas Pdf
Advanced economies made available more than 5 trillion USD through government-supported credit guarantee and direct loan programs to provide lifelines to firms in the face of the COVID-19 pandemic. Notwithstanding the unprecedented scale of credit made available, an in-depth analysis of the fiscal consequences is missing, and the costs of these programs are not recognized in a transparent way. In this paper, we fill in an important aspect of the fiscal picture by estimating the subsidies that were provided by the largest credit guarantee programs introduced in 2020 in seven advanced economies. We estimate the subsidies on a fair value basis that provides a consistent and comprehensive upfront measure of cost. We explain the logic behind applying a fair value framework in a government context and compare it to alternative approaches. For the programs that we examine, total credit extended totaled 1.7 trillion USD. The subsidy element (cash-equivalent subsidy) is estimated to be 67 percent of loan principal on average (37 percent, excluding the US PPP), with a wide range across programs, from 12 to 100 percent. The variation is explained by differences across programs including eligibility criteria, loan terms, compensation to lenders, and other program design choices.
United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations
Author : United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations Publisher : Unknown Page : 120 pages File Size : 49,5 Mb Release : 2003 Category : History ISBN : PURD:32754077068918
The Use and Abuse of Government Credit Cards at the Department of the Navy by United States. Congress. House. Committee on Government Reform. Subcommittee on Government Efficiency, Financial Management, and Intergovernmental Relations Pdf
Author : Je Cho Yoon,Thomas Hellmann Publisher : World Bank Publications Page : 35 pages File Size : 40,8 Mb Release : 1993 Category : Desarrollo economico - Asia oriental ISBN : 8210379456XXX
United States. Congress. Senate. Committee on Banking and Currency
Author : United States. Congress. Senate. Committee on Banking and Currency Publisher : Unknown Page : 298 pages File Size : 41,9 Mb Release : 1963 Category : Communist countries ISBN : LOC:00186939621
Government Guarantees of Credit to Communist Countries, Hearings Before ..., 8-1 on S.2310 ..., November 20, 21, and 22, 1963 by United States. Congress. Senate. Committee on Banking and Currency Pdf
Central Bank Credit to the Government by Mr.Luis Ignacio Jácome,Ms.Marcela Matamoros-Indorf,Ms.Mrinalini Sharma,Mr.Simon Townsend Pdf
Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are: (i) in most advanced countries, central banks do not finance government expenditure; (ii) in a large number of emerging and developing countries, short-term financing is allowed in order to smooth out tax revenue fluctuations; (iii) in most countries, the terms and conditions of these loans are typically established by law, such that the amount is capped at a small proportion of annual government revenues, loans are priced at market interest rates, and their maturity falls within the same fiscal year; and (iv) in the vast majority of countries, financing other areas of the state, such as provincial governments and public enterprises, is not allowed. The paper does not address central banks' financial support during financial crises.
United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement and Employee Benefits
Author : United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement and Employee Benefits Publisher : Unknown Page : 84 pages File Size : 54,6 Mb Release : 1973 Category : Civil service ISBN : LOC:00183573937
Retirement Credit for Services Rendered States and Other Government Instrumentalities by United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement and Employee Benefits Pdf
Retirement Credit for Services Rendered States and Other Government Insturmentalities, Hearing Before the Subcommittee on Retirement and Employee Benefits ..., 93-1, June 18, 1973 by United States. Congress. House. Post Office and Civil Service Pdf
