The political process and the use of debt financing by state governments

Empirical evidence offered in this study suggests that decisions by state government officials to effect debt-financed spending depend in part on the state's gubernatorial election cycle. More specifically, the results reveal relative increases in state debt issues in anticipation of elections, and furthermore, they reveal that such increases are more significant for states characterized by high interparty political competition. While theoretical limitations preclude a definitive explanation for these results, the evidence is consistent with a view of state political markets where incumbent parties manipulate public policy so as to enhance the probability of success in pending elections. This insight is significant in that it suggests a relationship between public policy decisions and election cycles in a context heretofore unexplored.     

The congressional foundations of agency performance

When Congress delegates a policy mandate to a regulatory agency, Congress acts as a principal, choosing the institutional arrangements, or the ‘rules of the game’ for agency decision making. Individuals in the agency, acting as agents, take the rules of the game as given and do the best they can within these institutional arrangements. In this paper we develop a simple model that relates the congressional choice of institutional arrangements to two underlying environmental factors — uncertainty and conflict. We suggest that uncertainty and conflict of interest lead Congress, in delegating, to prescribe a greater scope of permissable regulatory activity, a wider array of regulatory instruments, and more confining regulatory procedures. Increased scope and stronger instruments tend to broaden the overall discretionary authority of the agency, while more confining procedures tend to narrow it. We conjecture that with increased uncertainty or conflict the narrowing tendency more than offsets the broadening tendency, for a net decrease in the agency's overall discretionary authority. Lastly, we argue that the performance of a regulatory agency in fulfilling its mandate is determined in large measure by the foundations Congress constructs for the implementation of delegated authority.     

An innovative approach to metropolitan management in the philippines

The paper describes the historical development of metropolitan planning and administration in Metro Manila, and identifies five major problems: the sectoral isolation of planning; the inadequate involvement of local government; inadequacies in planning methods; weaknesses in the system of resource management; and institutional fragmentation. The development of the Capital Investment Folio process, its institutional framework and the main characteristics and results of applying the approach are described. The benefits and lessons which have emerged are then set out and their possible application elsewhere discussed. The main achievements of CIF are progress towards a rational system of urban planning; the generation of consensus within government about Manila's investment strategy; a more widespread appreciation of opportunity costs; and a new understanding of how to plan under conditions of uncertainty. It remains for CIF to be integrated into the national resource allocation process, and to be fully accepted by national government agencies. Local government still needs to be positively involved in the planning process.     

Financial restraint management and budget control in Canadian provincial governments

Abstract: This study compares and contrasts approaches to the management of financial stress and restraint in four Canadian provincial governments in the period from 1983 to 1985. It indicates that a number of different approaches to restraint management are utilized by Canadian provinces to cope with shortfalls in revenue and policy changes that influence resource allocation decision-making. The four provinces reviewed - British Columbia, Saskatchewan, Manitoba and Nova Scotia - have managed restraint in different ways, each reflecting the politics and the socio-economic and cultural context within which government resource allocation decisions are made. Profiles of these provinces indicate how these factors have influenced financial stress management and budget control strategy. Provincial experience is compared on the following dimensions: overall restraint management strategy; employment policy; marketing the need for restraint; centralized versus participatory government decision authority and control; the use of evaluation in restraint decision-making; and the influence of ideology in restraint management strategy-setting. Sommaire: Cette étude compare et oppose les méthodes de gestion financière adoptées en période d'austérité budgétaire par quatre gouvernements provinciaux au Canada, de 1983 à 1985. Elle indique que les provinces du Canada suivent diverses orientations en matière de gestion durant une période d'austérité budgétaire pour faire face aux manques de revenus et aux changements de politiques qui influencent les décisions d'allocation des ressources. Les quatre provinces étudiées, c'est-à-dire la Colombie-Britannique, la Saskatchewan, le Manitoba et la Nouvelle-Écosse, ont chacune adopté une orientation différence, reflétant le contexte politique, soeio-économique et culturel particulier dans lequel sont prises les décisions gouvernementales d'allocation des ressources. Les profils de la Colombie-Britannique, du Manitoba, de la Nouvelle-Éeosse et de la Saskatchewan précisent la manière dont ces facteurs ont influé sur la gestion de I'austérité financière et la stratégie de contrôle budgétaire. La comparaison entre les provinces porte sur les aspects suivants: 1) stratégie globale de gestion en période d'austérité, 2) politique d'emploi, 3) sensibilisation du public au besoin d'austérité, 4) autorité et contrôle décisionnels concentrés ou participatoires de la part du gouvernement, 5) rôle de 1'évaluation dans la prise des décisions en période d'austérité, et 6) influence de l'idéologie sur la définition des stratégies de gestion de l'austérite.     

Adolescent pubertal status and affective family relationships: A multivariate assessment

This research attempted to more adequately dimensionalize the study of affective family relations during adolescent pubertal maturation by employing a multivariate approach. Fifty-one families responded to an assessment battery consisting of a series of questionnaires designed to measure affective relations between parents and their adolescent children. Families were classified into prepubertal, transpubertal, or postpubertal groups according to their modal response on pubertal status criteria. A stepwise discriminant analysis was performed to identify measures that maximize between groups differences. Based on this analysis, a correct classification rate of 70% was achieved for all families. The two significant discriminant functions that emerged indicate that differences in family relationships are due to the transformation of mother-adolescent and father-adolescent relations. The pattern of results replicate those of other researchers and provide elaborations concerning the affective nature of family relations during adolescence.Received his Ph.D. in Life-span Developmental Psychology from West Virginia University in 1984. Research interests in dialectical models of adolescent development.Received his Ph.D. from the University of Arkansas in 1979. Research interests in decision-making in adolescence and adulthood.     

Self-reported delinquency and home life: Evidence from a sample of British girls

This study examines the correlation between family variables and delinquency (both self-reported and official) in a small sample of British teenage girls. Factor analysis of the 72-item Home Life Questionnaire (from T. H. Hirschi [1969] Causes of Delinquency, University of California Press, Berkeley) revealed a clear four-factor structure of caring and communication, discipline, pressure and mother-daughter closeness, which cumulatively accounted for 31% of the variance. Multiple regression of these factors onto self-reported delinquency indicated the maternal factor to be most powerful, explaining 25% of the variance in self-reported delinquency. Institutionalized and noninstitutionalized girls showed only chance differences in terms of the quality of their home life.Anne Campbell's research interests are in sex differences in antisocial behavior, especially aggression.