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These are extraordinary times in U.S. national security policy. America remains engaged in both Iraq and Afghanistan while facing a global economic downturn. Homeland security concerns still abound in the wake of the September 11 attacks. Even as the financial crisis places considerable pressure on the U.S. budget, President Obama will have to spend a great deal of time and money on national security, hard power, and war. How should these competing demands be prioritized? How much money will be needed? How much will be available, and how should it be spent? Budgeting for Hard Power continues the long and proud tradition of Brookings analysis on defense spending. As with previous volumes, this book examines the budgets of the Pentagon and the Department of Energy's nuclear weapons programs. But Michael O'Hanlon takes his analysis further, addressing the wide range of activities crucial for American security as a result of 9/11 and the ongoing wars. He considers homeland security resources and selected parts of the State Department and foreign operations budgets—offering a more complete overall look at the elements that make up America's "hard power" budget, a concept that he and Kurt Campbell wrote about in Hard Power: The New Politics of National Security (2006). With future federal deficits projected to top $1 trillion, O'Hanlon calls for Defense, State, and Homeland Security budgets to be as frugal as possible. At the same time, he recognizes that resources should be selectively increased in certain areas to compensate for years of systematic underfunding, especially in certain areas of homeland security, diplomacy, and foreign assistance. In his typically clear and concise manner, O'Hanlon shows policymakers how to wrestle with the resource allocation decisions affecting the national security of the United States.
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.
With limited authority over state lawmaking, but ultimate responsibility for the performance of government, how effective are governors in moving their programs through the legislature? This book advances a new theory about what makes chief executives most successful and explores this theory through original data. Thad Kousser and Justin H. Phillips argue that negotiations over the budget, on the one hand, and policy bills on the other are driven by fundamentally different dynamics. They capture these dynamics in models informed by interviews with gubernatorial advisors, cabinet members, press secretaries and governors themselves. Through a series of novel empirical analyses and rich case studies, the authors demonstrate that governors can be powerful actors in the lawmaking process, but that what they're bargaining over – the budget or policy – shapes both how they play the game and how often they can win it.
Joseph Nye coined the term "soft power" in the late 1980s. It is now used frequently—and often incorrectly—by political leaders, editorial writers, and academics around the world. So what is soft power? Soft power lies in the ability to attract and persuade. Whereas hard power—the ability to coerce—grows out of a country's military or economic might, soft power arises from the attractiveness of a country's culture, political ideals, and policies. Hard power remains crucial in a world of states trying to guard their independence and of non-state groups willing to turn to violence. It forms the core of the Bush administration's new national security strategy. But according to Nye, the neo-conservatives who advise the president are making a major miscalculation: They focus too heavily on using America's military power to force other nations to do our will, and they pay too little heed to our soft power. It is soft power that will help prevent terrorists from recruiting supporters from among the moderate majority. And it is soft power that will help us deal with critical global issues that require multilateral cooperation among states. That is why it is so essential that America better understands and applies our soft power. This book is our guide.
Presents a narrative analysis of the federal budget that reveals how funds were actually spent in 2011, evaluating the roles of such contributors as Jacob Lew, Douglas Elmendorf, and Pete Peterson.
In this comprehensive study, 15 African experts describe and analyse the military budgetary processes and degree of parliamentary oversight and control in nine countries of Africa, spanning across all the continent's sub-regions. Each case study addresses a wide range of questions, such as the roles of the ministries of finance, budget offices, audit departments and external actors in the military budgetary processes, the extent of compliance with standard public expenditure management procedures, and how well official military expenditure figures reflect the true economic resources devoted to military activities in these countries.
This analysis of budgetary systems and policies across the world examines how politics, culture, and economics influence public finance.
The author describes the serious and systemic problems with traditional management practices, and provides concrete alternatives and practical guidance on how to implement the beyond budgeting methodology, drawing on cases in which he has implemented beyond budgeting in large, global companies.
Dave Ramsey explains those scriptural guidelines for handling money.
This book, by A. Premchand, a former Assistant Director of IMF's Fiscal Affairs Department, provides a comprehensive discussion of the expenditure process in public authorities from a management perspective. It covers the various aspects, ranging from budget formulation to the courteous delivery of services to the public. In each, it considers the critical issues faced in industrial and developing countries and formerly centrally planned economies and discusses the efforts necessary to assure the public about the adequacy of public expenditure management machinery.