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Public Finance (10,742 Books)


Public finance is a field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities. The field is often divided into questions of what the government or collective organizations should do or are doing, and questions of how to pay for those activities. The broader term, public economics, and the narrower term, government finance, are also often used.

 
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Hedge Funds, Leverage, And the Lessons of Long-Term Capital Management

By: Robert E. Rubin

Government Reference Publication

Excerpt: The principal policy issue arising out of the events surrounding the near collapse of LTCM is how to constrain excessive leverage. By increasing the chance that problems at one financial institution could be transmitted to other institutions, excessive leverage can increase the likelihood of a general breakdown in the functioning of financial markets. This issue is not limited to hedge funds; other financial institutions are often larger and more highly leveraged than most hedge funds.

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The National Money Laundering Strategy for 2000

By: United States Department of the Treasury

Government Reference Publication

Foreword: When we unveiled the first National Money Laundering Strategy last year, we sent a clear signal that our approach toward this vital issue had changed fundamentally. The 1999 Strategy was premised on the idea that money laundering threatened not only the United States by facilitating drug trafficking, organized crime, international terrorism, and other crimes, but that it also posed a threat in and of itself, by tainting our financial institutions and underminin...

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State and Metropolitan Area Data Book 1997-98

By: James F. Holmes

Statistical Reference Document

Excerpt: Preface The State and Metropolitan Area Data Book (SMADB), published intermittently since 1979, is a local area supplement to the Statistical Abstract of the United States. This 1997-98 edition is the fifth; the book was also published in 1979, 1982, 1986, and 1991. The SMADB is a convenient summary of statistics on the social, political, and economic organization of the states and metropolitan areas (MAs) of the United States. It is designed to serve as a stati...

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