As part of the Make It Your (MY) Milwaukee County Initiative, The Greater Milwaukee Committee has supported the development of a fiscal stress test for Wisconsin municipalities.
Once the economy weakens, the government's fiscal position also weakens, a development that policy makers should anticipate.
By doing so, the U.S. avoided the fate of most other nations, before and since, whose chaotic fiscal and monetary policies severely hampered their development.
But fiscal consolidation must continue: the Asian Development Bank pressed the point this week when it said that any new loans it makes will depend on this.
In the North, the gains registered in restoring the environments in some cities in the last few years are now threatened by the combination of climate change, tight city budgets imposed by fiscal conservatives, and influential pro-development lobbies.
For political, fiscal and environmental reasons, the government releases land for development very slowly, which sends property prices sky high.
Mr. Lecaussin is director of development at France's Institute for Economic and Fiscal Research (IREF).
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Otherwise, Mr Cardoso risks going into history as the leader who, by failing to give firm fiscal underpinning to the real, squandered Brazil's best development opportunity in more than a generation.
Europe finds itself in a similar situation today to where the U.S. was back in 2008 and is using several similar remedies to try and restore fiscal order following several years of excessive spending and real estate development.
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But in our pursuit of development, Rwandans will not allow ourselves to stray from the path of fiscal prudence.
Last November the Department of Housing and Urban Development (HUD) under whose purview FHA falls, issued the September 30 fiscal year 2011 annual report.
Spurred by rising fiscal deficits, the United States and other members of the Organization for Economic Cooperation and Development (OECD), particularly Germany and France, have been using a variety of methods to clamp down on tax cheats, tax havens and overseas financial centers.
The Asian Development Bank Tuesday forecast India's growth to accelerate to 6% in the current fiscal year because of the steps taken by the government.
On April 27, the State Council announced a number of measures to enhance the fiscal, financial and taxation support for small and micro-sized enterprises in a bid to ensure their sound development.
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