This paper views fiscal policy as an instrument of sustainable development during ongoing economic transformation. Empirically testing fiscal policy sustainability, this study focuses on primary surplus to debt relation for two transition economies groups: net exporters and net importers. Although results suggest sustainability, mainly for net exporters, recent successes may not be sustainable in the near term, due to structural problems and debt accumulation among others. As a policy tool, this paper introduces a concept of fiscal net with alternative revenue sources. Overall fiscal policy in the CIS must be proactive and pragmatic for the sake of economic development and competitiveness. Proposed infrastructure development fund and strategic learning innovative system, among others, aligned with the real economy's demands, are just few examples of such sustainable fiscal policy targets.
- Inderscience Publishers
- Fiscal policy in select transition economies: opportunities for ...
Dairy feeds Biogas plant with whey - Case study
Fluence added anaerobic digestion to the existing WWTP at an Italian dairy farm – without halting production. Our highly innovative and technologically advanced waste-to-energy solutions provide great opportunities for dairy farms to maintain sustainable businesses. Because biogas plants use biodegradable wastes as feedstock for anaerobic digestion, companies can save money while meeting national and European waste-recycling regulations. This anaerobic digestion process produces not only biogas, but...
Accelerating HR’s Role in CSR and Sustainability
NEW YORK CITY—HR professionals need to be more involved in corporate social responsibility (CSR) and sustainability initiatives, but are often left out of the picture. People specializing in these fields should partner with HR to make the most of such programs, and HR should step up its game to get involved, speakers said at the Commit!Forum. The annual event attracts executives to discuss CSR. “If the goal is to get every employee considering sustainability or corporate social responsibility across...
The case for increasing circular economy systems grows as resources dwindle
New research from Yale University encourages discussions on how to implement circular economy systems on a larger scaleResearchers at Yale University in New Haven, Connecticut, believe that circular economy systems are essential to our long-term survival on a planet with limited resources.While some large companies, including Google, Dell, Philips, and Unilever, and a few countries, including China and members of the European Union, have already implemented successful circular economy systems, researchers believe...
Why actions speck louder than words
Making the resource revolution a reality can only be achieved if our actions speak louder than our words. The resource revolution comprises many elements, but chief among them is the need for action to be taken to ensure optimal resource productivity across the world. Much has been made of the need for businesses and other organizations to assess the planet’s use of its finite resources and address the needs of the rapidly growing population, however this cannot be achieved without multi-discipline...
Aurubis, Lünen, Germany - Case Study
Proven partnership in electronic scrap processing with Aurubis´ recycling center in Lünen, Germany. In 2008, Aurubis AG, headquarters in Hamburg, Germany, became the first company to implement TOMRA Sorting’s comprehensive electronic scrap process – a recycling solution which has since been deployed in a variety of custom formats by a number of other recycling plants. Aurubis Lünen produces high-purity, high-quality copper which is recovered from copper containing scrap metal. As a...