Discuss four (4) governmental expenditures that you believe will hav.pdf

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Discuss four (4) governmental expenditures that you believe will have a significant impact on the national economy. Justify your response with examples. Please help I am so behind. Solution The purpose of government expenditure Government spends money for a variety of reasons, including: To supply goods and services that the private sector would fail to do, such as public goods, including defence, roads and bridges; merit goods, such as hospitals and schools; and welfare payments and benefits, including unemployment and disability benefit. To achieve supply-side improvements in the macro-economy, such as spending on education and training to improve labour productivity. To reduce the negative effects of externalities, such as pollution controls. To subsidise industries which may need financial support, and which is not available from the private sector. For example, transport infrastructure projects are unlikely to attract private finance, unless the public sector provides some of the high-risk finance, as in the case of the UKs Private Finance Initiative.

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Private Finance Initiative (PFI) changes model of funding for large-scale investment projects First launched in 1992 by a Conservative government and was extended heavily by the Labour government of 1997-2010. By 2011, more than 700 hospitals, schools, prisons and other public sector projects had been built under the PFI scheme Encourages private investors manage the design, build, finance and operation of public infrastructure such as new schools, hospitals, social housing, defence contracts, prisons and road improvements. Typical PFI contract repaid by government over 30 year period

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The main target audience of this digital artifact is first the (Nigeria) government, private sector and stakeholders. This digital artifact conveys a proposed solution which best explains how the nature of work is changing and what my country/sector government can do to prepare and support their workforces. The crux of this artifact is the change of the nature of work; the threats posed by this change; the main obstacles presently standing in the way of solving the problem; the proposed solution that will bring a desired outcome. More so, in this artifact is contained the reasons for governmnet, private sector and stakeholders participation citing Nigeria as a case study. This aritfact seeks to present the feasible solution and maersures the government can take towards preparing and supporting their workforce for the change in the nature of work.

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