Compare and contrast the process of policy legitimation

Assignment Help Finance Basics
Reference no: EM131287682

PART A: Answer only one of the two questions in this PART A.

Your answer should not exceed three double-spaced pages, 12-point font, and 1 inch margin on all sides. Five points will be subtracted for not following instructions. I will also not read any pages beyond the page limit.

Question 1:

There have been various attempts and approaches to reform the federal budget. Write an essay on budget reform addressing the following:

a) The justification for reforming the federal budget;

b) The various measures that have been proposed and/or employed to reform the federal budget including the successes and failures of each of these measures;

c) The legal/constitutional challenges or issues that have been involved in hying to reform the budget and the results of these legal/constitutional challenges, and.

d) The current type of budgeting employed by the federal government and why does it exist.

Question #2

There arc various institutions that legitimize public policies. Write an essay on policy legitimation addressing the following:

a) Compare and contrast the process of policy legitimation and decision making among these institutions with respect to the criteria of majoritarianismidemocracy, finality, logrolling, budgetary process, capture, and oversight.

b) Discuss the source(s) of legal authority for each of the institutions to legitimize policy, and

c) Discuss the factors or characteristics of a legitimating institution that makes it amenable to capture.

Reference no: EM131287682

Questions Cloud

Enrolled for a undergraduate degree program : Undergraduate students taking one or more distance learning courses. Enrolled for a graduate degree program. Enrolled for a undergraduate degree program. Enrolled in a different field of study
What would higher productivity mean to business or service : How would you use partial productivity and multifactor productivity measures to help you understand where productivity can be improved at these businesses? What would higher productivity mean to the business or service?
Coverage on the grounds : He is concerned that this may lead to a problem if he ever has a loss as the insurer could deny coverage on the grounds that they didnt know certain crucial facts. What would you advise Sam?
What would be the cost of capital : If the price of a certain stock is $56.00 with a potential annual growth rate of 5 ¾% what would be the cost of equity capital if the DPS in this firm is $9.80?
Compare and contrast the process of policy legitimation : The justification for reforming the federal budget - The various measures that have been proposed and/or employed to reform the federal budget including the successes and failures of each of these measures;
Marginal cost of the fourth unit of output : 1. At 4 units of output what are total fixed cost? 2. What is the marginal cost of the fourth unit of output? 3. At 4 units of output what are total variable costs?
Good economic decision in raising the parking fees : Would you say that the open field owner has made a good economic decision in raising the parking fees? Explain the type of price elasticity of demand for parking. Use the mid-point formula.
Calculate the firm''s maximum profit from the two products : Calculate the firm's maximum profit from the two products.
What does it take to make cross-cultural teams successful : What Does it Take to Make Cross-cultural Teams Successful? Your analysis and assessment must evidence understanding of the case's specific characters, context, incidents and circumstances.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd