00:00    |    
Initial credits
00:06    |    
Introduction
01:17    |    
Job opportunity as budget director
02:26    |    
Consequences of the recession in Michigan 
Loss of jobs 
03:55    |    
Decision of working in Michigan
05:44    |    
Analogy between personal and government financial practices
06:43    |    
Problems found in Michigan
Balancing the budget
Actions taken
General loss of population
12:18    |    
Pensions 
Tax reform
Generational equity 
Reforms made
15:17    |    
Result of reforms
16:20    |    
Perception of Guatemala's public deficit
17:37    |    
View on debt 
19:47    |    
Proper use of debt
21:37    |    
Guatemala's operating deficit
Problematic in Guatemala 
Steps to improve the situation
26:21    |    
Michigan's tax structure situation
27:35    |    
Lessons learned 
Importance of a proper structure
Prudent use of debt in Utah
Debt policy
Responsible policy creation
Transparency 
34:16    |    
Detroit's situation
Current situation
40:28    |    
Question and answer period 
What is your criteria in order to choose one solution and exclude the others?
How did you deal with the unintended consequences of your solutions?
Problems in Guatemala 
How did you deal with the waste of money?
Strategy in the University of Utah
Transparency and definition of objectives
How much government involvement do we need in health care and in what degree?
Transparency in budget
What is your personal opinion on sunset law?
Film incentive in Michigan
How important are economic incentives?
State's role in economic development
Based on your experience what are the capabilities you need to have in public budget offices? 
Characteristics of a good budget director
Guatemala's lower debt rating
Ideological discussion 
Transparency in roles
Politicians influence on budget
01:02:10    |    
Final credits



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Public Deficit: Case Studies and Lessons Learned from the United States

14 de enero de 2015   | Vistas: 4 |  

John Nixon shares his experiences working for governor Rich Snyder in Michigan as the budget director. He addresses the consequences and effects the recession had in Michigan as well as the problems found in the state budget. Then he points out the reforms and actions taken to improve the situation and the results of his work. He also talks about some of the lessons learned and key points to take into consideration for a good budget and how to avoid public deficit. He gives his view on Guatemala's operating deficit and the different circumstances that affect our situation. Nixon expounds Detroit's case study and its current situation. The participants along with John Nixon discuss several topics regarding public deficit and Guatemala's situation, such as transparency in different roles, politicians influence on budget and the state's role in economic development.




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Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín

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