- Government operations
This article aims to describe the financial expenditure associated with the operations and processes of world
governments of all levels.
ize of economic footprint
The scale to which government should exist and operate in the world is a matter of debate. Government spending in
developed countriesvaries considerably but generally makes up between about 30% and 70% of their GDP. One major exception is the United States, where central government spending takes up less than 20% of GDP.Fact|date=February 2007
Government agencies may produce services like:
Education(e.g. community college)
Entertainment(e.g. Canadian Broadcasting Corporation)
Transport(e.g. government transportation)
Government agencies may produce goods like:
Roads, bridges, tunnels
At the level of
local government, territorial or other authorities may set up government corporations such as " Local Authority Trading Enterprises" (LATEs).
Commonwealth of Nations
crown corporation, state-owned enterprises of New Zealand"
In monarchical commonwealth countries country-wide government corporations often use the style "
crown corporation". Notable exceptions include both the state-owned enterprisesand the crown entitiesin New Zealand. Examples of crown corporations include the Canadian Broadcasting Corporation(CBC) in Canadaand Air Canadabefore it underwent privatisation. Cabinetministers ( ministers of the crown) often control the shares in such public corporations.
United States, businesses that are government owned include Amtrakand the United States Postal Service. Many states have government owned businesses for operations as well. Generally speaking, a statutepassed by a legislature specifically sets up a government owned company in order to undertake a specific public purpose with public funds or public property.
Privatization is the transfer of ownership from the
public sector(government) to the private sector(business).
* [http://www.fms.treas.gov/fr/ Current Report: Financial Report of the United States: Publications & Guidance: Financial Management Service]
* [http://fms.treas.gov/annualreport/ Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service]
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