The relationship between politics and fiscal administration is intricate, as political decisions directly influence fiscal policies and budgetary allocations. Political ideologies shape priorities for public spending, taxation, and resource distribution, reflecting the values of the governing party or coalition. Additionally, fiscal administration must navigate political pressures and interests, balancing efficiency and accountability with the demands of elected officials and constituents. Ultimately, effective fiscal administration requires a collaborative approach that aligns political goals with sound financial management.
Fiscal politics is anything going on in the government that has to do with monetary policy like budgets and things.
The difference between fiscal & non-fiscal metering is when the measurement value is relevance to money.
why the need to study public administration
The pension issue was significant during Cleveland's presidency as it highlighted the tensions between government spending and fiscal conservatism. Cleveland opposed the expansion of pension benefits for Civil War veterans, arguing it would lead to financial irresponsibility and corruption. This stance alienated some voters who felt entitled to these benefits, creating a rift between his administration and various political factions. Ultimately, it reflected broader debates about the role of government in social welfare and fiscal policy during that era.
Fiscal administration refers to systems, structures, processes, resources, and the policy, environment, government, the inter-governmental and inter-local fiscal relations, affecting among others, the following: o the giving of allotments and grants by the national government (NG) to local government units (LGUs); o sharing of taxing powers between the NG and the LGUs, and among LGUs units; o policy on tax rates and structure; o revenue and expenditure planning; o revenue and expenditure planning; o revenue utilization and expenditure allocation; o monitoring and approval of budgets, tax ordinances and other fiscal measures; o policy on borrowing and borrowing instruments; and o appointment and supervision of local fiscal officers.
Answer this question… a pragmatic approach to politics.
Public expenditure refers to the government's spending on goods, services, and public projects, while fiscal deficit occurs when a government's total expenditures exceed its total revenues, excluding borrowings. An increase in public expenditure can lead to a higher fiscal deficit if it is not matched by corresponding increases in revenue. Conversely, efforts to reduce fiscal deficit may involve cutting public spending. Thus, the relationship is typically that rising public expenditure can contribute to a widening fiscal deficit if not managed carefully.
Robert Baker Highsaw has written: 'Mississippi's wealth' -- subject(s): Natural resources 'The units of government in Mississippi' -- subject(s): Politics and government 'Clarksdale, a fiscal picture' -- subject(s): Finance, Politics and government 'Essays on public administration' -- subject(s): Public administration 'Conflict and change in local government' -- subject(s): Local government 'Moneys for the cities [of] Mississippi' 'The Delta looks forward' -- subject(s): Description and travel, Natural resources 'The growth of State administration in Mississippi'
Fiscal policy refers to the government's use of taxation and spending to influence the economy, while the budget is a detailed financial plan that outlines these fiscal policies. The budget reflects the government's fiscal policy decisions, detailing projected revenues and expenditures for a specific period. Essentially, fiscal policy guides the creation of the budget, and the budget serves as a tool for implementing fiscal policy objectives. Together, they play a critical role in managing economic activity and achieving policy goals.
The most important element in sound and effective public fiscal administration is to maintain a debt free situation. As an aside, another issue of importance is to insure that there is a tax base to support public funding. A base strong enough to not require borrowing.
By making taxes higher and influencing interest rates.
Paul R. Dommel has written: 'The politics of revenue sharing' -- subject(s): Grants-in-aid, Intergovernmental fiscal relations, Politics and government