scholarly journals The Growth Stimulating Role of Capital Expenditure Components of the Federal Budget of Nigeria; Real or Imagined?

2018 ◽  
Vol 06 (06) ◽  
pp. 01-08
Author(s):  
Dumani Markjackson
2021 ◽  
Vol 51 (3) ◽  
pp. 218-226
Author(s):  
V.V. Klimanov ◽  
◽  
A.A. Mikhaylova ◽  

In 2020, many countries, including Russia, faced a unique situation in which subnational authorities were forced to take on new powers to combat the pandemic and its consequences. At the same time, fiscal decentralization, which can be characterized by indicators of decentralization of income, expenditures or as tax decentralization, has decreased. The share of intergovernmental transfers in the revenues of regional budgets has increased. Before that, attempts to increase the role of the regional level in the country’s budget system were made in Russia, but they usually ended in failure. The article shows that the multidirectional trends of the 2020 crisis determined the new state of regional budgets and their dependence on the federal center. At the same time, it is transfers from the federal budget that have become the leading factor in resilience to shocks in regional budgets.


2021 ◽  
pp. 21-29
Author(s):  
Svetlana Yu. Pavlova ◽  
Nikita V. Geroev

The article analyzes the structure of state programs financing, provides actual data on federal budget expenditures for several years. On the basis of actual data, the predominant role of state programs in forming the budget system expenditures in the Russian Federation is shown. On average, in 2014-2019, the share of expenditures on state programs was 51.5%. In 2019, the share of expenditures for implementing the state programs in the structure of federal budget expenditures was about 61%. The relevance of the topic showing the impact of state programs on the federal budget expenditures is caused by the fact that in modern conditions, implementation of state programs contributes to harmonious developing certain life spheres in the Russian society and helps the state to direct budget funds more specifically for certain purposes within the areas of state programs implementation. The predominance of state programs gives the state the opportunity to allocate federal budget funds purposefully, as well as it provides an opportunity for the state to finance the main policy directions. Using the methods of comparison, calculation of the specific weight and others, the results are obtained that enable us to draw the following conclusions: the change in the amount of federal budget expenditures and the amount of expenditures on state programs is not proportional, that is why the share of expenditures on implementing the state programs in each period under study is different, but still makes about half of the total amount of expenditures.


2015 ◽  
Vol 06 (01) ◽  
pp. 1550006 ◽  
Author(s):  
Malini L. Tantri

This paper analyzes the fiscal implications of special economic zones (SEZs) on the government exchequer. The analysis is based on aggregating data collected from seven conventional SEZs and taking 1990–1991 to 2007–2008 as the reference period. The exercise reveals that the government has spent huge sums of money to play the role of a trade facilitator and has, in the process, lost considerable revenue as a fiscal manager. This, in turn, has affected both revenue and capital expenditure of the government's budget. Given the magnitude of these costs, one cannot but raise questions about the actual contributions of these enclaves to the national fiscal health and the feasibility of relentlessly adopting measures that seeks to promote these zones across the nation.


MRS Bulletin ◽  
1990 ◽  
Vol 15 (11) ◽  
pp. 35-35
Author(s):  
Robert L. Post

The federal budget process is often regarded as an arcane affair, the province of a select group of Washington insiders. This includes the mysteries behind the determination of budgets for R&D on materials. The purpose of this discussion is to demysrify the subject a little. It will focus largely on the role of Congress.A common misconception is that the White House sets the budget for the federal government. What the White House does do is send detailed recommendations to Congress each year in January on what it believes the budget should be. This covers spending, tax policy, and economie predictions (the latter reflected in the anticipated tax revenues). In January 1990, for example, the administration submitted budget recommendations for fiscal year 1991, which began on October 1 and runs until September 30, 1991. These recommendations (with subsequent negociations with the Hill) can be quite influential, but serve primarily as a point of reference, which Congress can gladly accept, or completely ignore, as circumstances and preferences dictate.


1996 ◽  
Vol 40 (2) ◽  
pp. 77-85
Author(s):  
Ali F. Darrat ◽  
Bill P. Bowers

We advance several theoretical reasons for arguing that expansion in television viewership may have contributed to the recent escalation in the U.S. budget deficit. We then develop a multivariate model to test the validity of the hypothesis using alternative measures of television viewership. The empirical results could not reject our contention that the fast evolution of the U.S. television viewership since the early 1970s has significantly contributed to the escalating size of the federal budget deficit over and above the effects of several other possible macro determinants. This evidence provides some support to the claim that there exists a “liberal” bias within the media (particularly television) that undermines fiscal conservatism. Therefore, it appears advisable for policy-makers to take into account the role of television if they aspire to understand and ultimately control the mounting federal budget deficit.


1997 ◽  
Vol 11 (4) ◽  
pp. 65-72 ◽  
Author(s):  
Richard A Musgrave

Following half a century of fiscal activism and federal leadership, the call now is for downsizing the federal budget and a devolution of fiscal responsibilities to states and localities. The call for "federalism," meant to secure a stronger center in James Madison's time, now seeks to decentralize. This paper outlines the main features of fiscal federalism as I see them, sketching a vision which differs in major respects from that offered by the lead paper in this symposium. First I highlight the role of distribution, which I see as a central function. Then, I focus attention on grants-in-aid and their role in the federal system. Finally I consider competition, cooperation, and coordination between jurisdictions.


1975 ◽  
Vol 189 (1) ◽  
pp. 623-633 ◽  
Author(s):  
D. Scott

Progress in wear prevention can be made only when a better understanding of the mechanisms by which wear occurs and of the controlling factors has been achieved. Much of the research on wear has been directed towards the study of surfaces in relative motion and the changes brought about by their interaction and the lubricant or environment present. Little attention has been paid to the particles generated by the interaction of surfaces in relative motion and thus valuable information has been neglected. Each particle present in a lubricant carries with it the history of the conditions under which it was formed, and thus careful examination of particles can yield specific information concerning the condition of the moving surfaces from which they were produced. Techniques of particle examination are reviewed and the various theories of wear are considered in the light of information obtained by the examination of lubricant contaminant particles. The development of a powerful new technique of machinery condition monitoring by particle tribology to allow a prognostic approach to failure prevention and the safe switch from expensive periodic maintenance to failure prevention maintenance is outlined with examples from the work of NEL. The role of particle tribo-analysis in the development of machinery to ensure a maintenance and failure free life of sufficient duration to adequately cover capital expenditure is discussed.


2020 ◽  
Vol 5 (1) ◽  
pp. 176-187
Author(s):  
Vahid Zeynvand Lorestani

This research aims to investigate the critical role of the Internet of Things in the future of industries’ progress. For this purpose, a survey of 250 top managers across 13 industries has conducted. The objective was to find their view of point about what short and mega trends, in which sector will have the most considerable influence in the five years as well as 30 years ahead. Moreover, various technologies are also identified that will have the most importance in the future according to the majority of the respondents, such as Internet of things, Automation and Artificial Intelligence, and, on the other hand, the segments that capital expenditure is currently being directed towards, such as Energy Efficiency and Personalisation of Services.


2020 ◽  
Vol 8 (2) ◽  
pp. 71-75
Author(s):  
Ekaterina Kolesnikova ◽  
Petr Afonin

The article analyzes the role of electronic Declaration centers as an administrator of customs payments transferred to the Federal budget of the Russian Federation. An analysis of the economic efficiency of creating geographically distributed electronic Declaration centers is carried out on the example of the St. Petersburg customs post (CED) and the Baltic customs post (CED). We also assessed trends in the economic efficiency of creating e-Declaration centers based on statistical methods for making a forecast.


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