The Need to Raise Public Savings There has been some weakening of the region's fiscal position from modest deficits of about 1 per cent of GDP in 1992﷓96 to deficits of about 2 per cent of GDP in the past 2 years for the region as a whole. ... Fiscal strengthening is required to hold close the gap created by declining aid flows. ... The region's tradition of macroeconomic stability In a globalised world where market anxieties can spread quickly from one country to another, thus exposing underlying weaknesses and policy inconsistencies, sound prudent macroeconomic man...

• Word Count: 673
• Approx Pages: 3
• Grade Level: Undergraduate

Whole heartedly I believed A fully globalize central economy is the way of the future, unfortunately, due to the current system of individual state governments, banks, and the lack of international fiscal policy, complete success is still impossible. If we as an international community could create a World government and international World Bank that would create policies to Stabilize international economy, provide a safety net for victims (of depression or recession), and create international trade laws we may be able to fully embrace, accept and benefit from the process of globalization....

• Word Count: 1230
• Approx Pages: 5
• Grade Level: Undergraduate

In developing countries it is even harder to study, due to the widespread poverty and fiscal crisis. For example, Kinyanjui studied the case of Kenya in 1980, there has been created a "cost-sharing" policy, by following its programs government had to shift the education funding to families, despite their financial problems and thus due to gender biases girls had to be eliminated from the classes(as cited in Wangari n.d). ...

• Word Count: 994
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate