Europe and Central Asia by 4.7%, and Latin America by 7.2%. The Caribbean has not escape the wrath of the Pandemic with individual countries experiencing drastic declines in GDP, employment and standards of living. Focusing on the Caribbean only, write a discussion on how the Pandemic negatively and positively affected governments and or government own organizations of the Caribbean. You may use any government organization of any country/countries in the Caribbean as example(s) to illustrate and explain your answers clearly. Your discussion should focus on the following areas: i)Budgeting as a managerial tool government organizations to account for changing revenues and costs. ii)The economic environment with respect to sources of revenue, capital receipts and management strategies. iii) The main public expenditures e.g. salaries/emoluments, Capital Votes and the rules that guide these disbursements. iv) The “Value for Money” assessment of government spending

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter16: Country Risk Analysis
Section: Chapter Questions
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Europe and Central Asia by 4.7%, and Latin America by 7.2%.
The Caribbean has not escape the wrath of the Pandemic with individual countries experiencing drastic declines in GDP, employment and standards of living. Focusing on the Caribbean only, write a discussion on how the Pandemic negatively and positively affected governments and or government own organizations of the Caribbean. You may use any government organization of any country/countries in the Caribbean as example(s) to illustrate and explain your answers clearly. Your discussion should focus on the following areas:

i)Budgeting as a managerial tool government organizations to account for changing revenues and costs.

ii)The economic environment with respect to sources of revenue, capital receipts and management strategies.

iii) The main public expenditures e.g. salaries/emoluments, Capital Votes and the rules that guide these disbursements.

iv) The “Value for Money” assessment of government spending

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