Finance and fiscal policy for development
•Download as PPT, PDF•
1 like•2,699 views
This presentation discusses finance and fiscal policy for economic development. It covers the role of the financial system and central banks, informal and microfinance, fiscal policy including taxation, and state-owned enterprises and privatization. The presentation is divided into 5 sections: the role of the financial system, central banks and alternative arrangements, informal and microfinance, fiscal policy and its tools, and state-owned enterprises and privatization.
Report
Share
Report
Share
Recommended
Chap. 11. fiscal policy
Fiscal policy uses government spending and taxation to influence the economy. It aims to stimulate growth through deficit budgets but may also have non-economic goals that conflict with this. Taxes are collected from individuals, businesses, and imports while government borrows internally from institutions like the central bank or externally from foreign entities. Fiscal policy can be expansionary through tax cuts and more spending or contractionary with tax increases and less spending to restrict aggregate demand in the economy.
Debt Management
The document discusses various aspects of public debt management. It defines public debt as debt borrowed by the government from the public through various methods. It notes that the Reserve Bank of India formed an internal debt management cell in 1992. Public debt management involves decisions around the form, maturity, and ownership of new and existing debt instruments. The objective is to achieve fiscal and monetary policy goals like inflation control while minimizing interest costs and maintaining investor satisfaction. It discusses different types of public debt instruments and the objectives and principles of effective public debt management.
Decon 10
This chapter discusses the international flow of financial resources to developing countries, including private investment, remittances, and foreign aid. It outlines both the benefits and risks of each. Private investment can fill savings and foreign exchange gaps, but may also crowd out domestic firms. Remittances now exceed $5% of GDP for some countries. Foreign aid aims to supplement domestic resources and promote growth, but may also exacerbate debt and trade deficits. The chapter also examines the causes of armed conflict and how development efforts can help resolve and prevent conflicts.
Structure of Philippine Public Debt
This document summarizes the structure and profile of Philippine public debt from 1990 to 2009. It discusses the sources, categories, and maturity of domestic and foreign public debt. Domestic debt is dominated by treasury bills and bonds, with maturities lengthening over time. Foreign debt is primarily from commercial and multilateral creditors, denominated in US dollars and Japanese yen, and remains largely long-term. Both domestic and foreign debt levels increased substantially over this period relative to GDP.
Public expenditure
Public expenditure refers to spending by central, state, and local governments. It can be classified in several ways: by function (defense, welfare); as revenue/capital; transfer/non-transfer; and productive/unproductive. Transfer expenditures like pensions provide benefits without returns, while non-transfer expenditures like infrastructure create outputs. Factors driving higher public spending include increased population and government functions, rising prices and costs, greater national wealth and tax revenue, and expanded social and development programs.
Public Debt
The document provides an overview of public debt including its definition, history, types and trends in developing countries. It discusses how the role of governments has increased over time leading to rising public debt levels. Developing countries in particular have experienced growing debt burdens due to factors like budget deficits, economic crises, and infrastructure development needs. Prudent management of public debt is important to control costs and risks. The objectives of debt management include meeting government borrowing needs at minimum cost while developing domestic capital markets.
Objectives Public administration
Here also explain why we study Public Administration, its objectives, Scope and also elements of Public Administration
Fiscal policy
Fiscal policy refers to a government's spending and tax policies to influence macroeconomic conditions. The document discusses different aspects of fiscal policy including:
- Countercyclical fiscal policy aims to stabilize the economy by increasing government spending and reducing taxes during recessions, and reducing spending and raising taxes during expansions.
- Discretionary fiscal policy is used purposefully by governments to achieve macroeconomic goals like reducing inflation or boosting growth. Tools include changing spending, taxes, and borrowing.
- Non-discretionary or automatic fiscal policy relies on built-in stabilizers like income taxes that automatically influence demand over the business cycle.
- Large fiscal deficits can adversely impact growth by reducing funds for
Recommended
Chap. 11. fiscal policy
Fiscal policy uses government spending and taxation to influence the economy. It aims to stimulate growth through deficit budgets but may also have non-economic goals that conflict with this. Taxes are collected from individuals, businesses, and imports while government borrows internally from institutions like the central bank or externally from foreign entities. Fiscal policy can be expansionary through tax cuts and more spending or contractionary with tax increases and less spending to restrict aggregate demand in the economy.
Debt Management
The document discusses various aspects of public debt management. It defines public debt as debt borrowed by the government from the public through various methods. It notes that the Reserve Bank of India formed an internal debt management cell in 1992. Public debt management involves decisions around the form, maturity, and ownership of new and existing debt instruments. The objective is to achieve fiscal and monetary policy goals like inflation control while minimizing interest costs and maintaining investor satisfaction. It discusses different types of public debt instruments and the objectives and principles of effective public debt management.
Decon 10
This chapter discusses the international flow of financial resources to developing countries, including private investment, remittances, and foreign aid. It outlines both the benefits and risks of each. Private investment can fill savings and foreign exchange gaps, but may also crowd out domestic firms. Remittances now exceed $5% of GDP for some countries. Foreign aid aims to supplement domestic resources and promote growth, but may also exacerbate debt and trade deficits. The chapter also examines the causes of armed conflict and how development efforts can help resolve and prevent conflicts.
Structure of Philippine Public Debt
This document summarizes the structure and profile of Philippine public debt from 1990 to 2009. It discusses the sources, categories, and maturity of domestic and foreign public debt. Domestic debt is dominated by treasury bills and bonds, with maturities lengthening over time. Foreign debt is primarily from commercial and multilateral creditors, denominated in US dollars and Japanese yen, and remains largely long-term. Both domestic and foreign debt levels increased substantially over this period relative to GDP.
Public expenditure
Public expenditure refers to spending by central, state, and local governments. It can be classified in several ways: by function (defense, welfare); as revenue/capital; transfer/non-transfer; and productive/unproductive. Transfer expenditures like pensions provide benefits without returns, while non-transfer expenditures like infrastructure create outputs. Factors driving higher public spending include increased population and government functions, rising prices and costs, greater national wealth and tax revenue, and expanded social and development programs.
Public Debt
The document provides an overview of public debt including its definition, history, types and trends in developing countries. It discusses how the role of governments has increased over time leading to rising public debt levels. Developing countries in particular have experienced growing debt burdens due to factors like budget deficits, economic crises, and infrastructure development needs. Prudent management of public debt is important to control costs and risks. The objectives of debt management include meeting government borrowing needs at minimum cost while developing domestic capital markets.
Objectives Public administration
Here also explain why we study Public Administration, its objectives, Scope and also elements of Public Administration
Fiscal policy
Fiscal policy refers to a government's spending and tax policies to influence macroeconomic conditions. The document discusses different aspects of fiscal policy including:
- Countercyclical fiscal policy aims to stabilize the economy by increasing government spending and reducing taxes during recessions, and reducing spending and raising taxes during expansions.
- Discretionary fiscal policy is used purposefully by governments to achieve macroeconomic goals like reducing inflation or boosting growth. Tools include changing spending, taxes, and borrowing.
- Non-discretionary or automatic fiscal policy relies on built-in stabilizers like income taxes that automatically influence demand over the business cycle.
- Large fiscal deficits can adversely impact growth by reducing funds for
Revenues and Expenditures
This document discusses taxation and government finance. It defines taxation as an enforced contribution levied by governments on persons, property, and activities. It notes that taxation is used to generate government income needed to pay for public services and drive economic development. The document outlines various types of taxes in the Philippines including income tax, value added tax, and taxes on property transfers, businesses, and natural resources. It also describes the government agencies responsible for tax collection and administration, including the Bureau of Internal Revenue, Bureau of Customs, and Bureau of Treasury.
The classical theory of Economic Development
The Classical theory of economic development is the sum total of all theories of classical economists. The views of Adam Smith, Malthus, and Mill on Economic development form the crux of the classical theory of development. Though they differ on a number of development issues, the essence of the classical approach to development is the same.
Financial management
The document discusses inter-governmental relations and financial management between national and local government agencies in the Philippines. It outlines the responsibilities of different agencies in areas like revenue collection, budgeting, expenditure management, and development planning. It also summarizes the main sources of funding for local governments which include the internal revenue allotment, local taxes and fees, economic enterprises, grants and donations, and credit financing. Common issues found in audits of local governments are also mentioned such as weaknesses in controls over assets, cash management, accounts payable, and human resource management.
public finance
This document provides an overview of public finance as a subject area. It defines public finance and outlines its key areas of focus, including public revenue, public expenditure, public debt, financial administration, and economic stabilization. It distinguishes public finance from private finance and discusses some major principles of public finance, including the principle of maximum social advantage. The document is a study material on public finance prepared by the University of Calicut School of Distance Education.
Development Economics
Development economics focuses on improving fiscal, economic, and social conditions in developing countries. It considers factors like health, education, markets, and policies. Economic development is the growth of a nation's standard of living from low-income to high-income. Strategies for transforming developing economies vary due to differences in social and political backgrounds across countries. Common traits of developing countries include low productivity, dependence on agriculture, high population growth and unemployment. Economic growth increases production over time, while development improves life expectancy, education and reduces poverty. The Human Development Index ranks countries based on education, life expectancy and income levels.
Public finance
Public finance deals with the government's role in the economy and how it raises and spends resources. It is concerned with the income and expenditures of public authorities and adjusting one to the other. Public finance aims to achieve efficient allocation of resources, income distribution, macroeconomic stabilization, steady economic growth, price stability, and balanced development through fiscal tools like taxes, spending, and debt.
Public fiscal administration lect 1
The document discusses public fiscal administration and the national budgeting process in the Philippines. It provides information on key aspects of fiscal administration including budget formulation, implementation, evaluation and auditing. It also describes the national budget cycle including preparation, legislation, execution and accountability. Details are given on the budget preparation process, forms and contents of the national budget, budget amounts from 2010 to the proposed 2018 budget, and the legislative budget process in the Philippines Congress.
Patterns of Philippine Expenditure
The document discusses patterns of public expenditure in the Philippines from 2001-2011. It classifies expenditures according to level of government, nature, function, and type of funds. Charts show expenditure trends increasing as a percentage of GDP and outpacing revenue growth. Expenditures are primarily for economic and social services, with increasing operating costs and capital outlays. Conclusions note constant expenditure growth due to expanding government services and population. Recommendations include eliminating wasteful spending and increasing fiscal discipline.
Economic development
Meaning of economic progress, growth and development
Difference between growth and development
Characteristics of Underdeveloped countries
Devolution
1. Devolution is a form of decentralization that transfers decision making authority and responsibilities for certain functions from the national government to local government units. This includes functions related to agriculture, forestry, public works, education, health, and others.
2. The purpose of decentralization through devolution is to empower local communities and make local governments more self-reliant partners in nation-building by giving them control over decisions and resources.
3. Some challenges local governments face with devolution include potential mismatches between their responsibilities and capacities, reliance on national government funding, financial limitations, and poverty within their jurisdictions.
Topic 9 - Government Revenue & Expenditure
The document discusses macroeconomic policies including fiscal and monetary policy, categories of government expenditures, sources of government revenue through taxes, and discretionary fiscal policy tools for expansion or contraction. It also examines national debt, sources for financing debt, and issues related to debt service and crowding out of private borrowing. In summary, the document provides an overview of fiscal systems, government budgets, and macroeconomic policies.
Approaches and techniques in budgeting
Approaches and Tecniques in Budgeting: The Philippine Experience
(Phil. Public Fiscal Administration)
Classic Theories of Economic Growth
Presentation on Todaro & Smith's Economic Development (Chapter 3) for Philippine Studies 222, Asian Center, University of the Philippines, Diliman.
Lgu budgeting process
The document discusses local government revenue generation and budgeting in the Philippines. It outlines various taxes, fees, and other revenue sources local governments can utilize. It also describes the budget preparation, authorization, review, execution, and accountability processes local governments must follow, including setting allocation priorities, the roles of executive and legislative branches, and factors that can affect budget implementation.
Public finance for BSBA
This document outlines a course on public finance. It begins by defining public finance and the public finance cycle. It then discusses the formulation of fiscal policy and the generation of revenue through taxation and other sources. It describes the various types of taxes and revenues. It also covers government expenditures through the national and local budget process. Other topics include public borrowing, budget accountability, and the role of the Commission on Audit in ensuring accountability.
National Development and Revenue Expenditure
The document discusses public fiscal administration in the Philippines, including taxation, revenue, and expenditures at the national and local levels. It provides details on:
- The roles of the Bureau of Internal Revenue and Bureau of Customs in tax collection.
- Sources of revenue and financing for the national government, local governments, and public corporations through taxation, borrowing, and other means.
- The processes involved in public expenditures at different levels of government.
Decentralisation
Decentralization refers to the dispersion of authority from central governments to local or regional authorities. There are several types of decentralization including deconcentration, delegation, devolution, and privatization. Political decentralization involves transferring policy and legislative powers to locally elected councils, which can provide benefits like greater voice, choice, and empowerment at the grassroots level. Fiscal decentralization means providing appropriate fiscal resources to decentralized institutions so they can fund public services.
Public expenditure
Public expenditure is incurred by governments across various economic sectors such as agriculture, infrastructure, and exports/imports. It includes economic overhead like transportation and utilities, as well as social overhead like hospitals and schools. Public expenditure is needed to develop agriculture and industry, provide public utilities, and transform economies as income levels increase according to Musgraves' theory. It must also respond to technological changes and employment needs through public works. When determining public expenditure, governments should follow principles like maximizing social benefits relative to costs, avoiding waste through economy, ensuring proper sanctioning of funds, adjusting spending based on needs and circumstances, and balancing the budget to avoid deficits.
Fiscal administration 2 ppt
This document discusses public fiscal administration in the Philippines. It defines public fiscal administration as the formulation, implementation, and evaluation of taxation, revenue administration, resource allocation, budgeting, public expenditure, borrowing, debt management, accounting, and auditing policies. It describes how fiscal policies are closely linked to other government policies and are influenced by political processes. It also outlines the key government agencies involved in fiscal policy administration and their roles, including the Department of Finance, Department of Budget and Management, National Economic Development Authority, Bangko Sentral ng Pilipinas, and Development Budget Coordination Council.
The national budget cycle
During the preparation phase, the Executive prepares the proposed National Budget. This is followed by the legislation phase where the Congress authorize the General Appropriations Act. In the execution phase, agencies utilize their approved budgets and during the accountability phase the executive phase, agencies utilize their approved, the executive monitor and evaluate the use of the budget
Affin Bank Berhad Analysis
Identification of Affin Bank Berhad strengths and weaknesses using PESTLE, SWOT, BCG and Porter's 5 Forces
Wolday Amha What Is the Problem: Getting an Empowering Regulatory Framework
Wolday Amha What Is the Problem: Getting an Empowering Regulatory FrameworkMicrocredit Summit Campaign
The document summarizes discussions from the Global Microcredit Summit in 2011. It discusses the challenges of implementing a social performance management (SPM) framework at microfinance institutions (MFIs), including a lack of understanding of client needs, fragmented support, and pressure from investors on financial sustainability over social objectives. It also analyzes the roles of four key stakeholders - MFIs, governments, donors, and investors - in influencing SPM. Key challenges identified include a credit-led focus, proliferation of tools over holistic approaches, and shifting donor priorities. The document raises questions about changing MFI growth and profit motives and creating new types of inclusive finance providers addressing both social and financial objectives.More Related Content
What's hot
Revenues and Expenditures
This document discusses taxation and government finance. It defines taxation as an enforced contribution levied by governments on persons, property, and activities. It notes that taxation is used to generate government income needed to pay for public services and drive economic development. The document outlines various types of taxes in the Philippines including income tax, value added tax, and taxes on property transfers, businesses, and natural resources. It also describes the government agencies responsible for tax collection and administration, including the Bureau of Internal Revenue, Bureau of Customs, and Bureau of Treasury.
The classical theory of Economic Development
The Classical theory of economic development is the sum total of all theories of classical economists. The views of Adam Smith, Malthus, and Mill on Economic development form the crux of the classical theory of development. Though they differ on a number of development issues, the essence of the classical approach to development is the same.
Financial management
The document discusses inter-governmental relations and financial management between national and local government agencies in the Philippines. It outlines the responsibilities of different agencies in areas like revenue collection, budgeting, expenditure management, and development planning. It also summarizes the main sources of funding for local governments which include the internal revenue allotment, local taxes and fees, economic enterprises, grants and donations, and credit financing. Common issues found in audits of local governments are also mentioned such as weaknesses in controls over assets, cash management, accounts payable, and human resource management.
public finance
This document provides an overview of public finance as a subject area. It defines public finance and outlines its key areas of focus, including public revenue, public expenditure, public debt, financial administration, and economic stabilization. It distinguishes public finance from private finance and discusses some major principles of public finance, including the principle of maximum social advantage. The document is a study material on public finance prepared by the University of Calicut School of Distance Education.
Development Economics
Development economics focuses on improving fiscal, economic, and social conditions in developing countries. It considers factors like health, education, markets, and policies. Economic development is the growth of a nation's standard of living from low-income to high-income. Strategies for transforming developing economies vary due to differences in social and political backgrounds across countries. Common traits of developing countries include low productivity, dependence on agriculture, high population growth and unemployment. Economic growth increases production over time, while development improves life expectancy, education and reduces poverty. The Human Development Index ranks countries based on education, life expectancy and income levels.
Public finance
Public finance deals with the government's role in the economy and how it raises and spends resources. It is concerned with the income and expenditures of public authorities and adjusting one to the other. Public finance aims to achieve efficient allocation of resources, income distribution, macroeconomic stabilization, steady economic growth, price stability, and balanced development through fiscal tools like taxes, spending, and debt.
Public fiscal administration lect 1
The document discusses public fiscal administration and the national budgeting process in the Philippines. It provides information on key aspects of fiscal administration including budget formulation, implementation, evaluation and auditing. It also describes the national budget cycle including preparation, legislation, execution and accountability. Details are given on the budget preparation process, forms and contents of the national budget, budget amounts from 2010 to the proposed 2018 budget, and the legislative budget process in the Philippines Congress.
Patterns of Philippine Expenditure
The document discusses patterns of public expenditure in the Philippines from 2001-2011. It classifies expenditures according to level of government, nature, function, and type of funds. Charts show expenditure trends increasing as a percentage of GDP and outpacing revenue growth. Expenditures are primarily for economic and social services, with increasing operating costs and capital outlays. Conclusions note constant expenditure growth due to expanding government services and population. Recommendations include eliminating wasteful spending and increasing fiscal discipline.
Economic development
Meaning of economic progress, growth and development
Difference between growth and development
Characteristics of Underdeveloped countries
Devolution
1. Devolution is a form of decentralization that transfers decision making authority and responsibilities for certain functions from the national government to local government units. This includes functions related to agriculture, forestry, public works, education, health, and others.
2. The purpose of decentralization through devolution is to empower local communities and make local governments more self-reliant partners in nation-building by giving them control over decisions and resources.
3. Some challenges local governments face with devolution include potential mismatches between their responsibilities and capacities, reliance on national government funding, financial limitations, and poverty within their jurisdictions.
Topic 9 - Government Revenue & Expenditure
The document discusses macroeconomic policies including fiscal and monetary policy, categories of government expenditures, sources of government revenue through taxes, and discretionary fiscal policy tools for expansion or contraction. It also examines national debt, sources for financing debt, and issues related to debt service and crowding out of private borrowing. In summary, the document provides an overview of fiscal systems, government budgets, and macroeconomic policies.
Approaches and techniques in budgeting
Approaches and Tecniques in Budgeting: The Philippine Experience
(Phil. Public Fiscal Administration)
Classic Theories of Economic Growth
Presentation on Todaro & Smith's Economic Development (Chapter 3) for Philippine Studies 222, Asian Center, University of the Philippines, Diliman.
Lgu budgeting process
The document discusses local government revenue generation and budgeting in the Philippines. It outlines various taxes, fees, and other revenue sources local governments can utilize. It also describes the budget preparation, authorization, review, execution, and accountability processes local governments must follow, including setting allocation priorities, the roles of executive and legislative branches, and factors that can affect budget implementation.
Public finance for BSBA
This document outlines a course on public finance. It begins by defining public finance and the public finance cycle. It then discusses the formulation of fiscal policy and the generation of revenue through taxation and other sources. It describes the various types of taxes and revenues. It also covers government expenditures through the national and local budget process. Other topics include public borrowing, budget accountability, and the role of the Commission on Audit in ensuring accountability.
National Development and Revenue Expenditure
The document discusses public fiscal administration in the Philippines, including taxation, revenue, and expenditures at the national and local levels. It provides details on:
- The roles of the Bureau of Internal Revenue and Bureau of Customs in tax collection.
- Sources of revenue and financing for the national government, local governments, and public corporations through taxation, borrowing, and other means.
- The processes involved in public expenditures at different levels of government.
Decentralisation
Decentralization refers to the dispersion of authority from central governments to local or regional authorities. There are several types of decentralization including deconcentration, delegation, devolution, and privatization. Political decentralization involves transferring policy and legislative powers to locally elected councils, which can provide benefits like greater voice, choice, and empowerment at the grassroots level. Fiscal decentralization means providing appropriate fiscal resources to decentralized institutions so they can fund public services.
Public expenditure
Public expenditure is incurred by governments across various economic sectors such as agriculture, infrastructure, and exports/imports. It includes economic overhead like transportation and utilities, as well as social overhead like hospitals and schools. Public expenditure is needed to develop agriculture and industry, provide public utilities, and transform economies as income levels increase according to Musgraves' theory. It must also respond to technological changes and employment needs through public works. When determining public expenditure, governments should follow principles like maximizing social benefits relative to costs, avoiding waste through economy, ensuring proper sanctioning of funds, adjusting spending based on needs and circumstances, and balancing the budget to avoid deficits.
Fiscal administration 2 ppt
This document discusses public fiscal administration in the Philippines. It defines public fiscal administration as the formulation, implementation, and evaluation of taxation, revenue administration, resource allocation, budgeting, public expenditure, borrowing, debt management, accounting, and auditing policies. It describes how fiscal policies are closely linked to other government policies and are influenced by political processes. It also outlines the key government agencies involved in fiscal policy administration and their roles, including the Department of Finance, Department of Budget and Management, National Economic Development Authority, Bangko Sentral ng Pilipinas, and Development Budget Coordination Council.
The national budget cycle
During the preparation phase, the Executive prepares the proposed National Budget. This is followed by the legislation phase where the Congress authorize the General Appropriations Act. In the execution phase, agencies utilize their approved budgets and during the accountability phase the executive phase, agencies utilize their approved, the executive monitor and evaluate the use of the budget
What's hot (20)
Similar to Finance and fiscal policy for development
Affin Bank Berhad Analysis
Identification of Affin Bank Berhad strengths and weaknesses using PESTLE, SWOT, BCG and Porter's 5 Forces
Wolday Amha What Is the Problem: Getting an Empowering Regulatory Framework
Wolday Amha What Is the Problem: Getting an Empowering Regulatory FrameworkMicrocredit Summit Campaign
The document summarizes discussions from the Global Microcredit Summit in 2011. It discusses the challenges of implementing a social performance management (SPM) framework at microfinance institutions (MFIs), including a lack of understanding of client needs, fragmented support, and pressure from investors on financial sustainability over social objectives. It also analyzes the roles of four key stakeholders - MFIs, governments, donors, and investors - in influencing SPM. Key challenges identified include a credit-led focus, proliferation of tools over holistic approaches, and shifting donor priorities. The document raises questions about changing MFI growth and profit motives and creating new types of inclusive finance providers addressing both social and financial objectives.AMERMS Workshop 6: Microfinance in Rural Areas and Arid and Semi-Arid Land (P...
AMERMS Workshop 6: Microfinance in Rural Areas and Arid and Semi-Arid Land (P...Microcredit Summit Campaign
FULL TITLE:
What is the Cutting Edge for Microfinance in Rural Areas and Arid and Semi-Arid Land?
ROOM: Tsavo A
Translated session: English & French
PANEL:
Chair: Mr. Wolday Amha, Executive Director, Association of Ethiopian Microfinance Institution (AEMFI), Ethiopia
Panelist: Mr. Issa Barro, Inclusive Finance Specialist, United Nations Capital Development Fund (UNCDF), Senegal
Panelist: Mr. Mwangi Githaiga, Managing Director, Kenya Women Finance Trust (KWFT), KenyaStudy of investment opportunities in micro finance industry
This presentation is made for academic purposes. Anyone using it would be do so at their sole risk and responsibility
Introduction to Financial Management.ppt
This document provides an overview of financial management. It discusses the traditional and modern scope of financial management, including functions like funds requirement decisions, financing decisions, and investment decisions. It also outlines the qualities of a good financial manager and objectives of financial management such as profit and wealth maximization. Finally, it discusses the financial system and markets in India and the growth and trends in the Indian financial system.
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...
MSMEs are nurseries for entrepreneurship, often driven by individual creativity and innovation, and make significant contribution to country’s GDP, manufacturing output, exports and employment generation. Moreover, MSMEs are imperative for achieving the national objective of growth with equity and inclusion.
Monetary policy of india
The document summarizes India's monetary policy. It discusses the goals of monetary policy as achieving low and stable inflation while promoting economic growth. It outlines the various interest rates set by the Reserve Bank of India and tools used to regulate money supply such as cash reserve ratio and statutory liquidity ratio. While monetary policy can help reduce inflation and stabilize the economy, it has limitations in predicting inflationary pressures and ensuring long-term growth. The document concludes by emphasizing the need for monetary policy to support agricultural growth, infrastructure development, and other priorities to ensure inclusive development.
Functions of dfsd and credit guarantee schemes final
The document discusses development finance support operations and credit guarantee schemes in Pakistan. It provides an overview of the Development Finance Support Department (DFSD) at the State Bank of Pakistan, including its role in implementing credit guarantee schemes and export finance schemes. It specifically describes the Credit Guarantee Scheme for Small and Rural Enterprises (CGS), including its objectives, target sectors, capital structure, eligibility criteria, and key features like loan limits and risk sharing percentages. The CGS aims to increase access to formal financing for small and rural enterprises.
Visioning the Strategic Role of Development Finance Institutions
The document discusses the role of development finance institutions (DFIs) in supporting small and medium enterprises (SMEs). It notes that DFIs must balance developmental and financial goals, evolve to meet changing needs, and stay knowledgeable about markets, technology, and customers. The focus is on Malaysia's SME Bank and its efforts to help SMEs contribute to the economy through initiatives like IQ-Dagang that guide entrepreneurs and help make business ideas investment-worthy. Moving forward, the bank aims to finance the SME ecosystem with a new model driven by desired socioeconomic and commercial outcomes.
33899.pptx
The document discusses the evolution of the financial services market in India and outlines key products offered. It describes how financial sector reforms since 1985 focused on technological innovations, productivity, and human resources. Major financial products discussed include saving and investment options, lending and credit services, banking, money transmission, life insurance, and general insurance. The regulation of financial services is also covered.
Economic Capsule - April 2014
The document provides an economic update for Sri Lanka with the following key points:
- Commercial Bank was ranked the third most valuable brand in Sri Lanka and the highest ranked private sector brand, with a brand value of Rs 22.32 billion.
- Commercial Bank partnered with the European Investment Bank to provide financing under a SME Green Energy Credit Line for projects including SMEs, energy efficiency and renewable energy.
- The financial sector consolidation process in Sri Lanka is on track, with nine audit firms selected to evaluate banks and NBFIs and all institutions submitting merger and acquisition proposals by the March 31st deadline.
- Fitch affirmed Sri Lanka's long-term foreign currency issuer default rating at '
Economy and Sectoral Analysis
This document discusses economic policy and the banking sector in India. It covers key aspects of fiscal and monetary policy, economic goals, measuring domestic product, national income calculations, inflation, the business cycle, and reforms to the banking sector. It provides classifications of the Indian economy by sector, outlines the structure of banking sector reforms, and describes functions of commercial banks like mobilizing deposits and providing credit.
Aatish working capital project
This document provides a project report on working capital management. It includes sections on acknowledging those who helped with the project, declaring that the information is true and original, preface, objectives of the study, executive summary, index, and sections on the economy, industry, and company overview. The sections provide information on the current state of the Indian economy and industry, an introduction to HCL and its career development center, findings, and a SWOT analysis.
Financial stability report
The document summarizes the key points from the Financial Stability Report 2015 presented by Reserve Bank of India. It highlights that while India's macroeconomic fundamentals are relatively strong, continued global growth uncertainty remains a risk. The banking sector shows improvement with credit growth of 9.7% and asset quality stable, but stressed advances are still high. The report also covers trends in financial inclusion, insurance and pension sectors regulation aimed at strengthening stability.
Ahmad saeed financial education and inclusion - pakistan
Ahmad saeed financial education and inclusion - pakistanOECD Directorate for Financial and Enterprise Affairs
This document summarizes Pakistan's financial inclusion landscape and national financial literacy program. It provides key facts about Pakistan's population, economy, and current level of financial inclusion being around 15-20%. Pakistan's financial inclusion objectives include developing diverse financial products and expanding access points through digital tools and bulk payments. The State Bank of Pakistan has launched a nationwide financial literacy program to educate 50,000 adults on basic financial topics, with plans to scale up and include children. Low financial literacy is identified as a major constraint, with over 40% of the excluded population lacking product understanding and over half of adults using informal savings methods.Microfinancing: A Catalyst for Scaling-up Economy
Microfinancing is a type of banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services. The objective is uplifting the economic activity at the lowest strata of the population. The generation of economic activity would alleviate poverty through the creation of income and employment opportunities.
Hadad Muliaman D. - 2015 Symposium on Financial Education in Tokyo
Hadad Muliaman D. - 2015 Symposium on Financial Education in TokyoOECD Directorate for Financial and Enterprise Affairs
The document summarizes Indonesia's efforts to promote financial inclusion and education. It outlines three objectives of Indonesia's Financial Services Authority (OJK): ensuring orderly financial sector activities, creating a sustainable financial sector, and protecting consumer/public interests. As the unified regulator, OJK aims to comprehensively monitor financial inclusion programs and supply, demand, and infrastructure through its role in education and consumer protection. The national strategy supports a literate society and increased financial product usage. Challenges include the need for long-term commitment from diverse stakeholders, significant research, technological developments, and regulators ensuring conducive policies that promote access while maintaining stability.Unlocking Financial Opportunities in Myanmar-Jefry Batara Salebu
Myanmar, one of the world’s poorest countries, has a harmonized average CPIA country rating of 3.10 meaning that this country is considering as a Fragile State. This country needs a financing solution to boost country’s economic development to get out of a fragile state status. The members of World Bank Group including IDA is needed to support reforms in Myanmar to strengthen the public and private sector and create jobs to reduce poverty and boost shared prosperity. The private sector plays a critical role in job creation and in providing the means for all to benefit from economic growth. Policy makers need an assessment of the investment climate as part of their private sector development strategies. Actions in these strategies will help the government attract responsible foreign investment in certain sectors and create more jobs and opportunities for people.
Microfinance ppt
This document summarizes the state of the microfinance sector in India in 2011. It discusses key events like the crisis in Andhra Pradesh in 2010 where unethical loan collection practices by MFIs led to borrower suicides, resulting in new regulation. It also outlines recommendations to reform the sector through the Malegam Committee, the features of the new National Rural Livelihood Mission, ongoing challenges, trends in the global and investment climate for microfinance in India, and the future outlook. The conclusion is that 2010 was a difficult year for the sector due to the AP crisis but there is hope it can recover through reform.
Study points
The document discusses various modes of transportation in Pakistan, including Pakistan Railways, air transport via PIA, road transportation, and communication systems. It provides details on development projects completed or underway for Pakistan Railways, such as new routes, stations, and fast trains. It also briefly mentions air transport by PIA and the importance of improving road transportation and communication networks in Pakistan.
Similar to Finance and fiscal policy for development (20)
Wolday Amha What Is the Problem: Getting an Empowering Regulatory Framework
Wolday Amha What Is the Problem: Getting an Empowering Regulatory Framework
AMERMS Workshop 6: Microfinance in Rural Areas and Arid and Semi-Arid Land (P...
AMERMS Workshop 6: Microfinance in Rural Areas and Arid and Semi-Arid Land (P...
Study of investment opportunities in micro finance industry
Study of investment opportunities in micro finance industry
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...
Empowering MSMEs - Role of Banks & Financial Institutions, IT, Skill Developm...
Functions of dfsd and credit guarantee schemes final
Functions of dfsd and credit guarantee schemes final
Visioning the Strategic Role of Development Finance Institutions
Visioning the Strategic Role of Development Finance Institutions
Ahmad saeed financial education and inclusion - pakistan
Ahmad saeed financial education and inclusion - pakistan
Hadad Muliaman D. - 2015 Symposium on Financial Education in Tokyo
Hadad Muliaman D. - 2015 Symposium on Financial Education in Tokyo
Unlocking Financial Opportunities in Myanmar-Jefry Batara Salebu
Unlocking Financial Opportunities in Myanmar-Jefry Batara Salebu
Recently uploaded
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...Nguyen Thanh Tu Collection
https://app.box.com/s/y977uz6bpd3af4qsebv7r9b7s21935vdTraditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh
Walmart Business+ and Spark Good for Nonprofits.pdf
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
How to Setup Warehouse & Location in Odoo 17 Inventory
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Solutons Maths Escape Room Spatial .pptx
Solutions of Puzzles of Mathematics Escape Room Game in Spatial.io
How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience Wahiba Chair Training & Consulting
Wahiba Chair's Talk at the 2024 Learning Ideas Conference. BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...Nguyen Thanh Tu Collection
https://app.box.com/s/tacvl9ekroe9hqupdnjruiypvm9rdaneYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingExcellence Foundation for South Sudan
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
Recently uploaded (20)
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
IGCSE Biology Chapter 14- Reproduction in Plants.pdf
IGCSE Biology Chapter 14- Reproduction in Plants.pdf
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
Traditional Musical Instruments of Arunachal Pradesh and Uttar Pradesh - RAYH...
B. Ed Syllabus for babasaheb ambedkar education university.pdf
B. Ed Syllabus for babasaheb ambedkar education university.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Finance and fiscal policy for development
- 1. Presentation of Economic development Chapter # (Finance and fiscal policy for development) By: Pardeep Roll no: 2k11/PA/51 University of Sindh, Jamshoro
- 2. Chapter # (Finance and fiscal policy for development) Outline: The Role of the Financial System in Economic Development The Role of Central Banks and Alternative Arrangements Informal Finance and the Rise of Microfinance Fiscal Policy for Development State-Owned Enterprises and Privatization
- 3. 01.The Role of the Financial System in Economic Development • six major functions financial sector provides . 1. Providing payment services. 2. Matching savers and investors. 3. Generating and distributing information 4. Allocating credit efficiently 5. Pricing , and trading risks 6. Increasing asset liquidity
- 4. 02.The Role of Central Banks and Alternative Arrangements Functions of a Full-Fledged Central Bank Their major activities can be grouped into five general functions:
- 5. 03.Informal Finance and the Rise of Microfinance • Traditional Informal Finance • Microfinance Institutions
- 6. 04.Fiscal Policy for Development 01. Macro stability and Resource Mobilization 02. Taxation: Direct and Indirect
- 7. Comparative average level of revenue, 1985-1997, as a % of G.D.P Country Groups 1985–1987 1995–1997 OECD countries 36.6 37.9 America 30.6 32.6 Pacific 30.7 31.6 Europe 38.2 39.4 Developing countries 17.5 18.2 Africa 19.6 19.8 Asia 16.1 17.4 Middle East 16.5 18.1 Western hemisphere 17.6 18
- 8. 04.Fiscal Policy for Development, continue: 03. Personal Income 04. Corporate Income Taxes 05. Indirect Taxes on Commodities
- 9. 05.State-Owned Enterprises and Privatization • SOEs • Privatization:
- 10. 05.State-Owned Enterprises and Privatization • SOEs • Privatization: