The Fiscal Crisis in the States

Jenny, Nicholas W.
July 2003
Business Economics;Jul2003, Vol. 38 Issue 3, p52
Academic Journal
Discusses the factors that contributed to state budget deficits in the U.S., as of July 2003. Role of the growth of government revenues and expenditures in the 1990s in the fiscal crisis; Reasons behind the reversal of state tax revenues in fiscal year 2002; Concerns over trends in unemployment and consumption.


Related Articles

  • Four Years of Pain Ahead. Funk, Lynne // Bond Buyer;12/16/2008, Vol. 366 Issue 33024, p1 

    The article discusses the issue related to financial problems faced by the state of Washington, D.C. The National Governors Association and the National Association of State Budget Officers notes that the state is facing a slow revenue growth in four years, has forced $200 billion budget cuts...

  • ROMANIA'S PUBLIC DEBT IN THE CONTEXT OF FINANCIAL AND ECONOMIC CRISIS.  // Metalurgia International;Sep2010 Supplement, p190 

    No abstract available.

  • Lower Gas Production Dragging On Growth.  // Africa Monitor: North Africa Monitor;Jun2011, Vol. 16 Issue 6, p4 

    The article presents the economic outlook in Algeria. It states that Algeria's economy will expand by 2.7 percent in 2011 with the strengthening of private consumption and gross fixed capital formation. It forecasts a budget deficit at 6.7 percent of gross domestic product (GDP) in 2011 with the...

  • Joint Implications of Consumption and Tax Smoothing. Fisher, Lance A.; Kingston, Geoffrey H. // Journal of Money, Credit & Banking (Ohio State University Press);Dec2005, Vol. 37 Issue 6, p1101 

    In this paper, the joint hypotheses of consumption and tax smoothing are shown to imply that the present value of expected proportionate declines in government non-interest outlays is approximately equal to a log-linear function of the budget deficit and private dissaving. In this exact linear...

  • Internal rate of return. Yu, Tse-ing Eugene // Armed Forces Comptroller;Spring90, Vol. 35 Issue 2, p26 

    Discusses the nature of internal rate of return in the United States government. Includes the time-adjusted rate of return equation; Mutually exclusive proposals; Characteristics of the federal budget; Cost of capital in government.

  • Deficit Reduction as a Means to an End (Guest Voice).  // Moderate Voice;03/11/2013, p3 

    In this article the author discusses how budget deficit can be harmful for the economy. According to the author, economists say that running large budget deficits for a long time is bad for the economy. The author says that fiscally, the government should spend more during the financial crisis,...

  • THE EFFECT OF GLOBAL FINANCIAL CRISIS ON BUDGET DEFICITS IN EUROPEAN COUNTRIES: PANEL DATA ANALYSIS. KURT, Serdar; GÜNEŞ, Canan; DAVASLIGİL, Verda // Istanbul University Econometrics & Statistics e-Journal;2012, Vol. 17 Issue 1, p1 

    The aim of the study is to investigate the effects of the 2008 Financial Crisis, which affected the financial variables as well as the real variables such as economic growth and unemployment, on budget deficits of countries. In the study, general government deficit or surplus, general government...

  • Business As Usual For Budget In Albany. Barclay, Will // Business Journal (Central New York);3/27/2009, Vol. 23 Issue 13, p26 

    In this article the author discusses the impact of the economic crisis in Albany, New York. He states that if the governor would bring back the committees back with greater openness, they would be able to solve the state's fiscal crisis with greater efficiency and more equitably. He adds that in...

  • Budget Cuts A Start; More Can Be Improved In Budget Process. Barclay, Will A. // Business Journal (Central New York);8/29/2008, Vol. 22 Issue 35, p25 

    The article reports on the move of the government of Albany, New York to reduce its public spending for the year 2008. It states that the budget cut is in response to the financial crisis faced by the state due to the financial turmoil suffered by the Wall Street. It notes that the amount agreed...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics