Dealing with Egypt Public Debt Accumulation Problem

Public Debt Accumulation and Interest Rates in Canada 1974-1998

After a steady decline following World War II, the ratio of Canadian public sector debt to GDP reached a minimum of 6% in 1974. Between 1975 and 1995, this ratio increased until it reached a maximum of 81% in 1995. What were the causes of the accumulation of government debt in Canada between 1975 and 1995? How large were the respective contributions of high interest rates, low growth rates, the...

Dealing with implicit support in relation to intra-group debt

In one case Charles River Associates has dealt with, the tax authority asserted that a subsidiary is of such strategic importance to the group’s ultimate parent company that the subsidiary’s “stand-alone” credit rating should be adjusted upwards to the parent’s rating due to implicit support. This is despite the fact that an explicit guarantee had not been provided by the parent and despite the...

Sustainability of Public Debt

Dealing with the Problem of Cybercrime

Lack of a universally accepted and comprehensive taxonomy of cybercrime seriously impedes international efforts to accurately identify, report and monitor cybercrime trends. There is, not surprisingly, a corresponding disconnect internationally on the cybercrime legislation front, a much more serious problem and one which the International Telecommunication Union (ITU) says requires ‘the urgent...

Dealing with the problem of employee turnover.

Employee turnover is expensive, costing American industry billions of dollars every year. It strikes operations of all sizes and is not any less devastating in the public sector than it is in the private sector. These financial costs can be classified as both direct (additional fees for recruitment, steeper assessments for unemployment taxes, and the rising expenses of payroll administration fo...