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Author: Florence Jany-Catrice
Publisher: Springer Nature
ISBN: 303059940X
Category : Political Science
Languages : en
Pages : 149
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Book Description
Inflation should no longer be a politically sensitive indicator. Indeed, since the early 1980s, macroeconomic policies have managed to contain it. Yet the consumer price index (CPI), which is the main indicator for measuring inflation, remains very frequently consulted by citizens, due to its multiple uses. The CPI is used for indexing wages, pensions, but also various contracts such as food pensions. It is also used by National Accounts to deflate macroeconomic values and to provide data in “real” terms. But how is this CPI measured? index? What reforms have happened to give shape to the XXIst century CPI? This book presents the CPI based on the study of the controversies that have marked its history. Set in both the socio-economic and ideas contexts, these controversies show the eminently conventional and political nature of the CPI and, therefore, of many other macroeconomic indicators, such as growth or productivity.
Author: Florence Jany-Catrice
Publisher: Springer Nature
ISBN: 303059940X
Category : Political Science
Languages : en
Pages : 149
Get Book Here
Book Description
Inflation should no longer be a politically sensitive indicator. Indeed, since the early 1980s, macroeconomic policies have managed to contain it. Yet the consumer price index (CPI), which is the main indicator for measuring inflation, remains very frequently consulted by citizens, due to its multiple uses. The CPI is used for indexing wages, pensions, but also various contracts such as food pensions. It is also used by National Accounts to deflate macroeconomic values and to provide data in “real” terms. But how is this CPI measured? index? What reforms have happened to give shape to the XXIst century CPI? This book presents the CPI based on the study of the controversies that have marked its history. Set in both the socio-economic and ideas contexts, these controversies show the eminently conventional and political nature of the CPI and, therefore, of many other macroeconomic indicators, such as growth or productivity.
Author: Bruno Tinel
Publisher:
ISBN: 9782912107824
Category :
Languages : fr
Pages : 169
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Book Description
La dette publique est désormais placée au centre du discours de nos gouvernants. Sa réduction est leur principal objectif. Initialement présentée comme le préalable incontournable à toute autre mesure de politique économique, elle devient en fait et paradoxalement une fin politique en soi. Alors que la dette publique et sa forte augmentation récente sont avant tout l'un des symptômes de la crise, elles sont en effet présentées comme la cause des problèmes économiques actuels permettant ainsi de différer sine die la nécessaire régulation de la sphère financière et bancaire Pour combattre efficacement ces discours mensongers et les politiques délétères qui les accompagnent, il faut restituer la question de l'endettement public dans la trajectoire longue du développement des économies occidentales, bien avant la crise actuelle. En effet, les ratios d'endettement public ont commencé à augmenter depuis le début des années 1980, à la faveur de la déréglementation financière, de la disparition des contrôles sur la circulation des capitaux et de l'abandon des politiques économiques visant au plein emploi et à l'amélioration du sort du plus grand nombre au profit de politiques centrées sur le libre échange et la mise en concurrence tous azimuts. Ainsi, la hausse permanente de la dette publique est tout simplement le fruit des politiques menées depuis trente ans. Pour comprendre les mécanismes qui ont conduit à la forme particulière de dette publique que nous connaissons aujourd'hui et à son accroissement dont le financement grève le budget de l'Etat il faut revenir à la fonction de la dette publique dans les économies contemporaines. Le présent ouvrage présente avec rigueur et de manière didactique ces mécanismes, tout en mettant à disposition du lecteur les données statistiques qui permettent de les comprendre. Il montre ainsi pourquoi la dette publique n'est pas l'ennemi de l'investissement privé qu'elle priverait de moyens de son financement mais en quoi elle constitue, au contraire, un instrument de stabilisation et de croissance économique.
Author: Robin Degron
Publisher: Bruylant
ISBN: 2802762990
Category : Business & Economics
Languages : en
Pages : 163
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Book Description
The Sovereign debt crisis pushed the EU to take a new step to the common financial rules. After some years of ‘soft budgetary carefreeness’, the European Budgetary Treaty boosted the movement of budgetary convergence in the EU. The ‘Six Pack’ and the ‘Two Pack’ consolidated the effectiveness of a new European budgetary order founded by the Maastricht Treaty and the Stability and Growth Pact. Even if mechanisms adopted by the Member States are formally different in law, conditions of European budgetary orthodoxy have been definitively hardened. This new rigor has a great impact on all the public administrations, as defined by the European Accounts System and Eurostat. The EU is a key-player of the budgetary game. This great power makes the EU accountable to the general economic situation within Europe and amongst all Member States. Budgetary regulation must be conciliated with preservation of some investment means to develop potential growth on the continent. ‘Giant in law’, the EU has to be responsible from an economic point of view. The problem is that, from a budgetary standpoint, the EU remains a ‘dwarf’. The European general budget is about 1% of the EU gross national income. The budgetary power of the EU is less than one twentieth of the USA federal financial power. Balance between ‘budgetary dwarf ’ and ‘giant in law’ is characteristic of ‘adolescence’ of the EU finances. Natural consequence of this situation, the EU capacities for redistributing and stabilization are still relatively limited. To overtake this powerlessness, the EU has used no budgetary tools by appealing to the European Investment Bank and the European Investment Fund. However, the ability of the EU to support public investment is not sufficient today to promote an authentic economic relaunching policy and to support the global competition, especially with the USA and China. With a ‘powerful brake’ and a ‘poor accelerator’, the risk is the European public investments continue to stand by. This is the investment paradox of the European budgetary order. Will the next negotiation on the multiyear financial framework post 2020 be able to change the point ? It is not sure, especially in the Brexit context. Negotiating an European financial agenda is always long and difficult. But, the exit of the United Kingdom could makes the game more disputed than ever. A thing is clear : beyond the technical and financial sizes of the new roadmap proposals established by the Commission, the democratic control of the European Parliament is still limited. The EU budgetary framework and timetable are too inert, not enough reactive, far from European citizens actually. In the historical moments we live, it is certainly a strategic mistake to not involve much more citizens and their representatives in the crucial negotiation on the long-term finances of the EU. This is the technocratic risk of the new European budgetary order.
Author: Asian Development Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
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Book Description
Aiming to support the development of a framework for the analysis of risk in project design and economic analysis, this handbook outlines technical approaches to modeling risk. Also summarized is the nature and practice of sensitivity analysis in dealing with uncertain outcomes as well as the principles to consider in typical risk analysis situations sector by sector. Case studies are included to demonstrate the application of quantitative risk analysis using actual Asian Development Bank projects to help improve project design and quality. Handbook users will learn to identify factors that are the key determinants of project outcomes, determine the likelihood of an individual project's returns being unacceptable, and design measures to mitigate the risks arising from the identified key factors.
Author: United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index
Publisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 212
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Book Description
Author: Chitra Banerjee Divakaruni
Publisher: Simon and Schuster
ISBN: 1476792011
Category : Fiction
Languages : en
Pages : 240
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Book Description
"A new novel from the author of Oleander Girl, a novel in stories, built around crucial moments in the lives of 3 generations of women in an Indian/Indian-American Family"--
Author: Kaisa Kaukiainen
Publisher:
ISBN: 9789523590144
Category :
Languages : en
Pages : 544
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Book Description
The essays in this edited volume, written in English and French, tackle the intriguing problems of fear and safety by analysing their various meanings and manifestations in literature and other narrative media. The articles bring forth new, cross-cultural interpretations on fear and safety through examining what kinds of genre-specific means of world-making narratives use to express these two affectivities. The articles also show how important it is to study these themes in order to understand challenges in times of global threats, such as the climate crisis, and - to imagine a better future. The main themes of the book are approached from various theoretical perspectives as related to their literary and cultural representations. Recent trends in research, such as affect and risk theory, serve as the basis for the discussion. Many of the articles in the volume discuss apocalyptic and dystopian narratives that currently permeate the entire cultural landscape. Dystopian narratives do not only deal with future threats, such as totalitarianism, technocracy, or environmental disasters, but also suggest alternative ways of being and new hopes in the form of political resistance. The articles in the volume also draw from disciplines such as gender studies and trauma studies to examine the threats posed by collective fears and aggression on individuals' lives and propose ways of coping with fear. These themes are addressed also in articles analysing new adaptations of old myths that retell stories of the past.
Author: Doctor Lorenzo Fioramonti
Publisher: Zed Books Ltd.
ISBN: 1780322704
Category : Social Science
Languages : en
Pages : 281
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Book Description
Numbers dominate global politics and, as a result, our everyday lives. Credit ratings steer financial markets and can make or break the future of entire nations. GDP drives our economies. Stock market indices flood our media and national debates. Statistical calculations define how we deal with climate change, poverty and sustainability. But what is behind these numbers? In How Numbers Rule the World, Lorenzo Fioramonti reveals the hidden agendas underpinning the use of statistics and those who control them. Most worryingly, he shows how numbers have been used as a means to reinforce the grip of markets on our social and political life, curtailing public participation and rational debate. An innovative and timely exposé of the politics, power and contestation of numbers.
Author: Zvi Griliches
Publisher: University of Chicago Press
ISBN: 0226308898
Category : Business & Economics
Languages : en
Pages : 576
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Book Description
Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy? Since services represent well over half of the U.S. gross national product, it is also important to ask whether these sectors have had a slow rate of growth, as this would act as a major drag on the productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from government and academia argue that faulty statistics have prevented a clear understanding of these issues.
Author: Joseph P. Newhouse
Publisher: Harvard University Press
ISBN: 9780674318465
Category : Business & Economics
Languages : en
Pages : 516
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Book Description
In the most important health insurance study ever conducted researchers at the RAND Corporation devised all experiment to address two key questions in health care financing: how much more medical care will people use if it is provided free of charge, and what are the consequences for their health? For three- or five-year periods the experiment measured both use and health outcomes in populations carefully selected to be representative of both urban and rural regions throughout the United States. Participants were enrolled in a range of insurance plans requiring different levels of copayment for medical care, from zero to 95 percent. The researchers found that in plans that reimbursed a higher proportion of the bill, patients used substantially more services - indeed, those who paid nothing used 40 percent more services than those required to pay a high deductible - but the effect on the health of the average person was negligible. In addition, participants who were assigned at random to a well-established health maintenance organization used hospitals substantially less than those in the fee-for-service system, again with no measurable effect on the health of the average person. This book collects in one place for the first time results previously dispersed through many journals over many years. Drawing comprehensive, coherent conclusions from an immense amount of data, it is destined to be a classic work serving as an invaluable reference for all those concerned with health care policy - health service researchers, policymakers in both the public and the private sectors, and students.
