History of Use

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As public administration programs extend their online education offerings to reach more time- and place-bound students, and as accredited institutions become interested in documenting teaching and learning effectiveness, the degree to which online students are successful as compared to their classroom counterparts is of interest to teaching faculty and others charged with assessment. By comparing student performance measures and assessments of learning experience from both online and traditional sections of a required graduate public administration research methods course taught by the same instructor, this paper provides evidence that student performance as measured by grade is independent of the mode of instruction. Persistence in an online environment may be more challenging in research methods classes than in other public administration classes. Furthermore, participation may be less intimidating, and the quality and quantity of interaction may be increased in online classes. 

Strengths and Weaknesses

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As public administration programs extend their online education offerings to reach more time- and place-bound students, and as accredited institutions become interested in documenting teaching and learning effectiveness, the degree to which online students are successful as compared to their classroom counterparts is of interest to teaching faculty and others charged with assessment. By comparing student performance measures and assessments of learning experience from both online and traditional sections of a required graduate public administration research methods course taught by the same instructor, this paper provides evidence that student performance as measured by grade is independent of the mode of instruction. Persistence in an online environment may be more challenging in research methods classes than in other public administration classes. Furthermore, participation may be less intimidating, and the quality and quantity of interaction may be increased in online classes. 

Sovereign Wealth Funds

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A sovereign wealth fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals, or other financial instruments. Sovereign wealth funds invest globally. Most SWFs are funded by foreign exchange assets.

Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation’s banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management.

The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and International Monetary Fund (IMF) reserve positions held by central banks and monetary authorities, along with other national assets such as pension investments, oil funds, or other industrial and financial holdings. These areassets of the sovereign nations that are typically held in domestic and different reserve currencies (such as the dollar, euro, pound, and yen). Such investment management entities may be set up as official investment companies, state pension funds, or sovereign oil funds, among others.

There have been attempts to distinguish funds held by sovereign entities from foreign-exchange reserves held by central banks. Sovereign wealth funds can be characterized asmaximizing long-term return, with foreign exchange reserves serving short-term “currency stabilization”, and liquidity management. Many central banks in recent years possess reserves massively in excess of needs for liquidity or foreign exchange management. Moreover it is widely believed most have diversified hugely into assets other than short-term, highly liquid monetary ones, though almost no data is publicly available to back up this assertion. Some central banks have even begun buying equities, or derivatives of differing ilk (even if fairly safe ones, like overnight interest rate swaps).[citation needed]

Contents
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1 History

1.1 Early SWFs

2 Nature and purpose
3 Concerns [...]

Tax- or royalty-based financial instruments

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The second main type of substantive treasure-based instrument involves those which are based not on direct cash transfers, but rather on indirect transfers mediated through the tax system, or in some countries, through the use of royalty systems designed to capture natural resource rents. In these systems, a government can forego tax or royalty income they would otherwise have collected from an individual, organization or firm, which serves as an incentive to targets to undertake the activity receiving favourable tax treatment; or, in the case of tools which increase taxes on certain kinds of activity, to not undertake that activity or to undertake less of it.
Tax- and royalty-based expenditures
Tax expenditures or ‘tax incentives’ come in many kinds. Maslove defines them as ‘special provisions in the tax law providing for preferred treatment and consequently resulting in revenue losses (or gains)’ (Maslove 1978; Surrey 1979). These can be ‘paid in advance’ and can be carried forward for numbers of years and, like cash-based schemes, can be ‘matched’ by other sources of funds, range in size and significance, and can be used in conjunction with other instruments.
Different subtypes exist depending on ‘where’ government tax revenue is forgone. Tax incentives generally involve deductions from corporate or personal income, meaning their actual effect on a target group is determined by the marginal rate of taxation individual persons or firms must pay. Their effect therefore varies from group to group. Tax credits on the other hand are direct deductions from taxes owed and therefore their size is the same regardless of the tax rates individual taxpayers face. Tax credits are typically the only ones which can be ‘negative’, in the sense that they can be used to [...]

Regulation

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Direct government regulation
Regulation is a fundamental technique or tool of legal governance. Although citizens may not always be aware of their presence, among other things regulations govern the price and standards of a wide variety of goods and services they consume, as well as the quality of water they drink and the air they breathe.
There are numerous definitions of regulation, but a good general one is offered by Michael Reagan, who defines it as ‘a process or activity in which government requires or proscribes certain activities or behaviour on the part of individuals and institutions, mostly private but sometimes public, and does so through a continuing administrative process, generally through specially designated regulatory agencies’ (Reagan 1987). Thus, in this view, regulation is a prescription by the government which must be complied with by the intended targets; failure to do so usually involves a penalty, sometimes financial but also often involving incarceration and imprisonment.
This type of instrument is often referred to as ‘command and control’ regulation since it typically involves the government issuing a ‘command’ to some target group in order to ‘control’ their behaviour. ‘Control’ also sometimes refers to the need for governments to monitor and enforce target group activity in order for a ‘command’ to be effective.
This type of regulation is very common in both social and economic spheres in order to encourage ‘virtues’ and discourage ‘vices’, however those are defined at the time. Thus criminal law, for example, is a kind of regulatory activity, as are common laws and civil codes, which all countries have and which states develop and implement, usually relatively non-controversially (May 2002; Cismaru and Lavack 2007). Although much less significant in terms of [...]

Propaganda

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As public administration programs extend their online education offerings to reach more time- and place-bound students, and as accredited institutions become interested in documenting teaching and learning effectiveness, the degree to which online students are successful as compared to their classroom counterparts is of interest to teaching faculty and others charged with assessment. By comparing student performance measures and assessments of learning experience from both online and traditional sections of a required graduate public administration research methods course taught by the same instructor, this paper provides evidence that student performance as measured by grade is independent of the mode of instruction. Persistence in an online environment may be more challenging in research methods classes than in other public administration classes. Furthermore, participation may be less intimidating, and the quality and quantity of interaction may be increased in online classes.

Government Re-Organizations

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As public administration programs extend their online education offerings to reach more time- and place-bound students, and as accredited institutions become interested in documenting teaching and learning effectiveness, the degree to which online students are successful as compared to their classroom counterparts is of interest to teaching faculty and others charged with assessment. By comparing student performance measures and assessments of learning experience from both online and traditional sections of a required graduate public administration research methods course taught by the same instructor, this paper provides evidence that student performance as measured by grade is independent of the mode of instruction. Persistence in an online environment may be more challenging in research methods classes than in other public administration classes. Furthermore, participation may be less intimidating, and the quality and quantity of interaction may be increased in online classes.

Interest Group Funding

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As public administration programs extend their online education offerings to reach more time- and place-bound students, and as accredited institutions become interested in documenting teaching and learning effectiveness, the degree to which online students are successful as compared to their classroom counterparts is of interest to teaching faculty and others charged with assessment. By comparing student performance measures and assessments of learning experience from both online and traditional sections of a required graduate public administration research methods course taught by the same instructor, this paper provides evidence that student performance as measured by grade is independent of the mode of instruction. Persistence in an online environment may be more challenging in research methods classes than in other public administration classes. Furthermore, participation may be less intimidating, and the quality and quantity of interaction may be increased in online classes.

Classic Readings on Policy Design, Tools and Instruments

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Atkinson, M. M., and R. A. Nigol. “Selecting Policy Instruments: Neo-Institutional and Rational Choice Interpretations of Automobile Insurance in Ontario.” Canadian Journal of Political Science 22, no. 1*copy on file. sept 93 (1989): 107–35.
Atkinson, M., and R. Nigol. “Rethinking Policy Instruments: The Case of Automobile Insurance in Ontario.” In Annual Meeting of the Canadian Political Science Association, Vol. Windsor, Ontario, 1988.
Bailey, Ian, and Susanne Rupp. “Geography and Climate Policy: A Comparative Assessment of New Environmental Policy Instruments in the UK and Germany.” Geoforum 36, no. 3 (May 2005): 387–401. doi:10.1016/j.geoforum.2004.07.002.
Baxter-Moore, N., R. J. Jackson, and D. Jackson. “Policy Implementation and the Role of the State: A Revised Approach to the Study of Policy Instruments.” In Contemporary Canadian Politics: Readings and Notes, 336–55. Scarborough: Prentice-Hall, 1987.
Bemelmans-Videc, M. L., R. C. Rist, and E. Vedung, eds. Carrots, Sticks and Sermons: Policy Instruments and Their Evaluation. New Brunswick: Transaction Publishers, 1998.
———. “Introduction: Policy Instrument Choice and Evaluation.” In Carrots, Sticks and Sermons: Policy Instruments and Their Evaluation, 21–58. New Brunswick: Transaction Publishers, 1997.
Bemelmans-Videc, M. L., E. Vedung, and R. C. Rist. “Conclusion: Policy Instrument Types, Packages, Choices and Evaluation.” In Carrots, Sticks and Sermons: Policy Instruments and Their Evaluation, 249–73. New Brunswick: Transaction Publishers, 1997.
Bennett, C. J. “Understanding Ripple Effects: The Cross-National Adoption of Policy Instruments for Bureaucratic Accountability.” Governance 10, no. 3 (1997): 213–33.
Bennett, C. J., and C. D. Raab. The Governance of Privacy: Policy Instruments in Global Perspective. Aldershot: Ashgate, 2003.
Bohm, P., C. S. Russell, A. V. Kneese, and J. L. Sweeney. “Comparative Analysis of Alternative Policy Instruments.” In Handbook of Natural Resource and Energy Economics – Volume I. Dordrecht: Elsevier, 1985.
Braathen, N. A. “Environmental [...]

Advisory Commissions

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To be added