Download or read book Local Authority Investments written by Great Britain. Parliament House of Commons. Communities and Local Government Committee and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local authority investments written by Great Britain: Parliament: House of Commons: Communities and Local Government Committee and published by The Stationery Office. This book was released on 2009-06-11 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local authority Investments : Seventh report of session 2008-09, Vol. 2: Oral and written Evidence
Download or read book Local authority investments written by Great Britain: Parliament: House of Commons: Communities and Local Government Committee and published by The Stationery Office. This book was released on 2009-06-11 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of Icelandic financial institutions in the autumn of 2008 brought to light not only the surprisingly large amounts of money invested by local authorities, but also the fact that local authorities had invested nearly £1 billion in Iceland, funds that were consequently at risk. This prompted the Committee to launch an inquiry into local authority investments, in order to understand current practice, to study the roles and responsibilities of various groups and individuals involved, and to make recommendations intended to limit the exposure of local authority funds to such risk in future. The unusual nature of the recent financial situation should not excuse failures that occurred in local authority financial arrangements. The inquiry reveals a degree of misunderstanding, misinformation and complacency on the part of some crucial players, both within local authorities and in the wider financial sector, which contributed to the putting of taxpayers' money at unnecessary risk. There is significant room for improvement in the guidance and codes of practice for local authorities: to be more explicit in certain areas in order to make the system more transparent; to explain where the responsibilities lie, both in executing and in overseeing treasury management, including more rigorous training and reporting; and to highlight the variations of service on offer by different external service providers. It was the role of external service providers, specifically some of the treasury management advisers, which caused the Committee most concern and the Financial Services Authority should investigate the services provided by them as soon as possible and should take a more active role in their regulation.
Download or read book Local Authority Investments written by Great Britain. Parliament House of Commons. Communities and Local Government Committee and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investing Local Government Funds written by Christopher Orndorff and published by Irwin Professional Publishing. This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investments of Local Authorities written by E. T. Cobb and published by . This book was released on 1972 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Finance and Investments of Local Authorities written by Bernard Augustus Williams and published by . This book was released on 1967 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Local Government in Economic Development written by Jonathan Q. Morgan and published by Unc School of Government. This book was released on 2009 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the findings from a mail survey of local government economic development activities that was sent to all 540 municipalities and 100 counties in North Carolina. An important part of the analysis examines whether cities and counties differ significantly in their economic development efforts and whether smaller jurisdictions employ different types of development strategies and tools than larger ones. The survey findings also highlight the barriers that local governments face in promoting economic development and identify important technical assistance needs and gaps in local capacity.
Download or read book Local authority investments written by Great Britain: Parliament: House of Commons: Communities and Local Government Committee and published by The Stationery Office. This book was released on 2010-01-26 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is a follow up report to the Committee's June 2009 report looking at the management of local authority investments (HC 164-I, 7th report session 2008-09, ISBN 9780215530660). Under current rules cash deposits and professional advice relating to such monies remain an 'unregulated' activity outside the FSA's remit. The Committee calls on the Government to make the simple legislative change necessary to allow the FSA to regulate the provision of such advice. The FSA must then use these powers to scrutinise both the services provided and the professional independence of companies that offer local authorities 'treasury management' advice.
Download or read book Treasure Your Assets written by Centre for Public Scrutiny (Great Britain) and published by . This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local Authority Property written by Audit Commission for Local Authorities in England and Wales and published by . This book was released on 1988 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Guide to Municipal Finance written by Naomi Enid Slack and published by UN-HABITAT. This book was released on 2009 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Public Wealth of Nations written by Dag Detter and published by Springer. This book was released on 2016-02-05 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.
Download or read book Time Horizons and Technology Investments written by National Academy of Engineering and published by National Academies Press. This book was released on 1992-02-01 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is frequently argued that U.S. corporations have shorter time horizons for planning and investment than their Japanese and German competitors. This argument, though widely accepted in studies of U.S. competitiveness, has rarely been examined in depth. Time Horizons and Technology Investments explores the evidence that some U.S. corporations consistently select projects biased toward short-term return and addresses factors influencing the time-related preferences of U.S. corporate managers in selecting projects for investment. It makes recommendations to policymakers and managers about policies to mitigate negative external influences and about strategies to remove internal biases toward noncompetitive decisions.
Download or read book The Development of the Local Authority Housing Investment Programme Process written by Great Britain. Local Authority Housing Finance Division and published by . This book was released on 1992 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Municipal Development Funds and Intermediaries written by Kenneth Jackson Davey and published by World Bank Publications. This book was released on 1988 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where rapid urbanization strains the capacity of local governments to provide necessary public services, municipal development funds can channel new investments to municipalities and strengthen local government.
Download or read book Government Opens Door for Major Local Authority Capital Investment Projects written by Great Britain. Department of the Environment and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
