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Stimulus Package (stimulus + package)
Kinds of Stimulus Package Selected AbstractsEconomic Stimulus Package: NIH Grants AvailableNURSING FOR WOMENS HEALTH, Issue 3 2009Jennifer P. Hellwig MS No abstract is available for this article. [source] Employment Effectiveness of China's Economic Stimulus PackageCHINA AND WORLD ECONOMY, Issue 1 2010Fang Cai E24; E27; J21 Abstract Using an input-output method, this paper simulates the impacts of the global financial crisis and the decline of exports on China's economy and employment. With shrinking external demand, boosting domestic demand becomes crucial for maintaining economic growth and promoting employment. Our simulated results indicate that an investment scenario with employment as a priority can achieve the objective of employment maximization without significantly reducing growth. Public investment should focus on employment, education, health, housing and social security to rebalance China's economy so that it can realize sustained and stable economic growth. [source] Assessing the Temporary VAT Cut Policy in the UK,FISCAL STUDIES, Issue 1 2009Richard Blundell H2; H3; E21 Abstract This paper concerns the likely impact of a temporary VAT cut stimulus policy on consumer demand in the UK. It suggests that around 75 per cent of the VAT reduction will be passed on to consumers and that consumers will react by maintaining their expenditure levels and therefore increasing their demand for consumption goods. The uncertainty caused by the downturn makes this a more muted impact than we might have hoped, especially on the demand for durable goods. Nevertheless, it is a substantive impact. In general, the uncertainty caused by the recession will tend to reduce the impact of any stimulus package. It is also argued that synchronising the subsequent rise with the economic upturn is critical. [source] China's new Enterprise Bankruptcy Law,A great leap forward, but just how far?INTERNATIONAL INSOLVENCY REVIEW, Issue 2 2010Emily Lee The closure of many small and medium enterprises (SMEs) following the global financial crisis of 2008 spurred the Chinese government to follow its international counterparts in issuing an economic stimulus package. While it was effective in preventing many financially distressed SMEs from failure by boosting demand for its businesses, in the long run, such SMEs should be rescued through a statutory regime, which affords them temporary protection from creditors and provides them an opportunity to restructure their businesses. In doing so, the premature liquidation of SMEs would be prevented and SMEs with viable businesses but in temporary financial difficulties would be given a chance to succeed again. Although China's new Enterprise Bankruptcy Law (EBL) has shortcomings, it improves upon its predecessor legislation and, since it is still at an infantile stage of development, is bound for further reform. Despite the EBL's success in bringing Chinese corporate bankruptcy laws in line with international standards, full compliance with the UNCITRAL Model Law on Cross-Border Insolvency and UNCITRAL Legislative Guide on Insolvency Law remains to be seen. In September 2008, the South China Morning Post newspaper reported that the number of (applications for) corporate reorganization and bankruptcy cases had dropped, "leading to widespread speculation there are problems in the law's practical application".1 This article examines the implementation of the EBL, critiques key aspects of the EBL and argues for a comprehensive assessment of the EBL and for bringing the EBL in full compliance with the international standards on cross-border insolvency. Copyright © 2010 John Wiley & Sons, Ltd. [source] Predicting Support for Eliminating the Dividend Tax: The Role of Framing and Attributions for WealthANALYSES OF SOCIAL ISSUES & PUBLIC POLICY, Issue 1 2005Heather E. Bullock The proposed elimination of the dividend tax was among the most debated aspects of the Bush administration's economic stimulus package. Both the fairness of the initiative and who would benefit from it were questioned. Drawing on the political rhetoric of these debates, 86 respondents completed materials assessing the effects of framing and attributions for wealth on support for eliminating the dividend tax. The participants were less supportive of eliminating the dividend tax when it was framed as benefiting the wealthy than when the initiative was framed as benefiting the general public. Attributing wealth to personal initiative and "warm" feelings toward the wealthy emerged as the most powerful predictors of supporting the tax's elimination. Implications for social policy and economic justice are discussed. [source] |