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WDW101Y1 Lecture : WDW340 March 21 2012.docx

57 views3 pages
blueduck348
19 Apr 2012
School
UTSG
Department
Woodsworth College Courses
Course
WDW101Y1
Professor
William Watson

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Document Summary

Moral values and ideals; is it right to punish for profit. Not for profit private prisons; similar agencies providing similar community corrections services; often compete to deliver these services. Governmentalization of the private sector (moffat); shifting relationship between government and offenders. Cheapness of running prisons privately; transfer fiscal responsibilities away from the government. Modern management, although these initiatives break the union of correctional operators; union has less power or union completely taken out. Private institution is also highly flexible; difficult to challenge policy in state institutions. Chan - difficult to assess whether private institutions are cheaper to run than state institutions and difficult to evaluate the services they deliver. Ontario built and ran a private prison which was highly criticized; second year of running resulted in big riot, inmate died of infection suggesting poor standards. Inadequate staffing levels; union made claim that inmates and staff were at risk.

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Related Questions

Assuming “other liabilities” are zero, what is the size of the money and quasi-money stock? This is the caculation of monetary account. Basing on the data below.

Private consumption 500

Public consumption 100

Private investment 80

Public investment 20

Exports of goods and services 100

Imports of goods and service 150

Net factor services income -50

Net transfers 20

Government revenue 80

Government current expenditure 100

Government capital expenditure 20

Foreign direct investment 10

Net other capital from abroad 5

Stock of international reserves 550

Credit to private sector 150

Credit to Government 100

Government corporations can be described as which of the following?

a. Businesses that have gone bankrupt and have been taken over by the government.
b. Agencies that privately see to the personal needs of high-level bureaucrats.
c. Business enterprises that the government has seized because of failure to pay taxes.
d. Government agencies that provide services that could be provided by the private sector.
e. Government partnerships with private industry.

What are the options available to the government when deciding whether to rely on the private sector or the public sector to provide public goods? Use the example of prisons to illustrate.