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Papers On Fiscal Policy
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Globalization of Currency Transaction
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This 6 page report discusses the fact that economic globalization and the rise of information technologies have set in motion an almost total reconfiguring of the organization of the world’s economy. The issue addressed is based on the possibility and likelihood of an increased level of globalization of the world’s currency systems.Bibliography lists 5 sources.
Filename: BWcurglo.rtf

GNP and GDP: An Explanation of Terms
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5 pages. Government spending on goods and services is a significant fraction of the total output of the economy. Total consumer spending, investment, government spending and net foreign spending on final goods and services are the components that make up most of the gross national product. This paper goes into lengthy detail of the difference between the gross national product (GNP) and gross domestic product (GDP). Bibliography lists 4 sources.
Filename: JGAgdgnp.wps

Government and The Economy
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A 4 page research paper that discusses the effect of government policies on the American economy. The writer argues that while many aspects of Keynesian economic theory are still applicable today, examining the effects of the global marketplace shows that this picture is rapidly changing, which means that Keynesian policies and tactics no longer work quite like they used to in past decades, and this limits the effect of government policy on the economy. Bibliography lists 4 sources.
Filename: khgovep.rtf

Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
Filename: Govspend.wps


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