We investigate the aid allocation mechanism design that attempts to increase the governance quality of potential recipient countries: the potential recipients spend costly resources improving governance, while the donor country allocates the fund based on their governance quality.
Business spending on costly, long-lasting goods like airplanes and heavy machines produced most of the demand.
During his three-year term, Mr. Davis will have to guide the firm as it copes with continuing economic uncertainty and clients' reluctance to spend on costly consultants.
During his three-year term, Mr. Davis will guide the firm as it copes with continuing economic uncertainty and clients' reluctance to spend on costly consultants.
But they were helpless to block it when Georgetown University Hospital, frustrated in its efforts to discharge Ms. Nyirahabiyambere after she had spent eight costly months there without insurance, sought a guardian to make decisions that the family would not make.
This is inefficiency at its worst: from money spent on costly procedures to tests and medicines that provide little medical benefit, some actions are undertaken only because someone else picks up the check.
Much of Mr. Spitzer's campaign up to now has been spent making costly promises to voters, including cutting property taxes by $6 billion over three years, offering tens of thousands of uninsured children medical care and increasing education spending by billions of dollars.
"A number of clients in a softening economy are going to delay certain projects," especially consulting projects and especially those that involve spending on costly technology, because such costs are often viewed as discretionary, said Bob Chrismer, director of global recruitment at A. T. Kearney, which is pushing the starting dates for some new employees back as far as January.
Net oil imports are well below their 2005 peak, which means more of the money Americans spend on costlier oil stays within its borders.
New York's Medicaid program, the nation's costliest, spends more than $54 billion a year to cover some five million people, about a quarter of the state's population.
