Miguel Angel Broda, an influential independent economist, says Mr de la Rua could do similar things: for example, cutting value-added tax and switching money from costly and poorly directed welfare programmes to a broader unemployment-insurance scheme.
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In the short run, higher inflation makes this easier (by cutting the real value of government spending).
Mr Obama's EPA has considered raising the value of cutting the risk of death by cancer on the ground that it is a more horrifying way to die than others.
This was truly bizarre, since, from the CBO baseline, increasing economic growth by 0.1 percentage points has 27 times the financial impact (on a present value basis) as cutting spending by 0.1% of GDP.
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The rising cost of imports added significantly to the overall figures, as iron ore imports were up 83 percent in value during the quarter, with soybeans up 25 percent, crude oil up 39 percent, and metal-cutting machinery up 72 percent in value.
" Offit, with decades of experience in fixed-income markets, believes "the Fed cutting the Fed funds rate may have inconsequential value other than signaling investors that it is concerned about maintaining economic stability in the face of an eroding housing market.
Some companies have responded by cutting back the number of ads to boost their value.
Critics have pointed to the success of Jose Manuel de la Sota, the governor of Cordoba province, who has increased revenues by cutting tax rates and is trying to get better value from public spending.
ECONOMIST: Another president caught in Argentina’s economic trap | The
Providing cutting-edge patent-protected technology at a remarkable value, Trakdot offers innovative solutions that meet global demand.
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Having been a key player in this cutting-edge industry for many years, I have seen its value added.
There is no doubt that the Blairites were acutely conscious of the value of cultivating ties with business as a way of cutting into the natural constituency of the Conservative Party, and making the point that Labour could be trusted with economic management.
That way, at least, it could write down the value of its private and public debts, as well as cutting its wages and prices relative to those abroad, improving its competitiveness.
In October, the government put a ceiling on the total value of bonds and commercial paper which the top five chaebol could issue, thus cutting off Daewoo's access to capital and eventually precipitating its near-bankruptcy.
During a time when PC manufacturers were driving down costs and cutting back services, Best Buy took a long view of the changes in the market and enhanced the value of customer service.
As the American Medical Association and others have pointed out, the board is charged with the contradictory mandate of cutting Medicare reimbursement rates to health-care providers, without reducing benefits or finding new ways to increase value.
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As I wrote in my last post, my view is that there is much value that is either still unappreciated, or intrinsic in the business plans of companies that are restructuring, cutting costs, globalizing, and continuing to develop world-beating technologies.
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