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International Monetary Fund

Thus, the World Bank not primarily serve the promotion of a developing country, but the manifestation of the economic influence of the industrialized nations, so the shareholders. In May 2007, the President of Venezuela, announced Hugo Chavez, the exit from the International Monetary Fund as well as from the World Bank. Hugo Chavez said the International Monetary Fund, and the World Bank to be a tool of American imperialism, the peoples to impose a wild and exploiting social and economic policy”. Venezuela still remained a member of both organisations and instead founded the Bank of the South with. Source:, score, author supplement: there are 2 known human being directions: the traditionalists (keeper): approx. Add to your understanding with Sonya Reines-Djivanides. 80% and the modernists: approximately 20% are the 2 main strategies in management therefore: push and pull (push or pull) in combination with active and passive! In the application, this means: I motivate (push) “or I would go forward with good example (pull)”. “Said to me recently: I can my staff just ask what I can do.” Sorry, I understand that or not I thought the Guide culture is extinct. Sorry, I’m a conversation it is today called I speak with it properly! Since the brain by contrast processing refers to his power and dominates our or logic in the West, it came to following economic Think schools: The 6 most important national economists and their theories (source:, selection, author): John Maynard Keynes (1883-1946): Government plays, in contrast to the laissez-faire or neo liberal market economy, a crucial economic role.

Demand theory, SPD Joseph Schumpeter (1883-1950): Theorist of capitalism, which he characterized as creative destruction to constantly reinvent. Free play of market forces, FDP John Kenneth Galbraith (1908-2006): Bekennender Linksliberaler he campaigned all his life for a strengthening of the State institutions and a promotion of demand. The thesis that capitalism produces both private wealth and public poverty was at the Centre of his thought and work.

Municipal Budget

Bernhard Simon: ‘Despite intensive cost-saving efforts we are in a trap of futility’ in Wuppertal gapes a huge budget hole. Chamberlain Johannes Slawig has responded with the imposition of a budget freeze it immediately. Of course, the new numbers are a shock for those where this is located at the heart. We need to act now but determined and responsible and may not fall into shock, Wuppertal CDU Bundestag Group Chairman Bernhard Simon says. But this crisis is not homemade. The Administration has pointed out the bundle of cause in today’s press conference. Until recently, no one could expect that the global economic crisis is so dramatically affect on our financial situation.

The dilemma of the debt situation is that Wuppertal not to by their own bootstraps out of the swamp of debt may lead. And it is also clear that the city that is in a case of futility, is caused not by its own mismanagement, but essential tasks, the US State and Federal have, be allocated for it to provide the financial means sufficient us”, so Simon. The CDU Group calls for a thorough reform of the Unviersity. Who ordered also paid”. This principle must apply again in the future. The Federal Government must increase, for example, its share of financing for the costs of long-term unemployment.

Just so the pledged financial relief of the municipalities can occur Finally, without this burden citizens with additional taxes and fees. This is clearly a task of the Federal Government,”urged the CDU councilman. Goal in such a Community financial reform must be that cities and towns under its own power to avoid borrowing. In addition funding should not fail that the required capital due to budgetary constraints for damp communities can not be applied. We are Johannes Slawig despite intense cost-saving efforts of Chamberlain in a real case of futility. No question: We are our own efforts to fiscal consolidation must strengthen further. This alone will not be enough however. Federal and State are invited to help us. It doesn’t fit together easily, if federal and State Governments on the one hand provide billions for banks and large companies had difficulties, but leave the cities as Habitat for the citizens alone in the rain”, as Simon.