Anyway, privatisation proceeds will hardly dent Greece’s total debt which the IMF now expects to peak at almost 200% of GDP.
Friday, July 17, 2015
Greece-Hemlock, not champagne | The Economist
Hemlock, not champagne | The Economist
Anyway, privatisation proceeds will hardly dent Greece’s total debt which the IMF now expects to peak at almost 200% of GDP.
Anyway, privatisation proceeds will hardly dent Greece’s total debt which the IMF now expects to peak at almost 200% of GDP.
Thursday, July 02, 2015
Globe2Go What is government good for? It’s time for an answer.
Globe2Go
Government is now a big whale that can’t swim, that can’t keep up with the fast-changing global economy. It has too many management layers, too many oversight bodies and too many public servants generating performance reports that feed a fabricated bottom line that has no footing. The government is now also home to too many conflicting goals and has piled on too many activities on top of one another. In the process, it has lost sight of its core responsibilities, including managing effectively a regulatory regime that not only is able to set standards, but also to make sure that they are respected, as LacMégantic so clearly demonstrated. Notwithstanding high-profile program reviews, the government still relies on across-theboard cuts to control spending.
Government is now a big whale that can’t swim, that can’t keep up with the fast-changing global economy. It has too many management layers, too many oversight bodies and too many public servants generating performance reports that feed a fabricated bottom line that has no footing. The government is now also home to too many conflicting goals and has piled on too many activities on top of one another. In the process, it has lost sight of its core responsibilities, including managing effectively a regulatory regime that not only is able to set standards, but also to make sure that they are respected, as LacMégantic so clearly demonstrated. Notwithstanding high-profile program reviews, the government still relies on across-theboard cuts to control spending.
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